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2 Adams Corporation evaluates divisional managers based on ROI. Operating results for the company's Northern Division for last year are given below: 3 4
2 Adams Corporation evaluates divisional managers based on ROI. Operating results for the company's Northern Division for last year are given below: 3 4 Sales 5 Variable expenses 6 Contribution margin 7 Faxed expenses 8 Net operating income 9 10 Divisional operating assets 11 $27,000,000 16,200,000 10,800,000 8,805,000 $1,995,000 $9,500,000 12 The Northern Division has an opportunity to add a new product line as follows: 13 14 Required investment 5 Net operating income 16 $2,500,000 $400,000 15% 17 Adams Corporation's minimum acceptable rate of return 9 Required: 20 Compute the following 21 2 (Use cells A4 to B17 from the given information to complete this question.) " 4 Northern Division ROI for last year 6 Northern Division ROI if new product line is added Workbook St Graded Worksheet Give Feedback to Microsoft 100%
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