2 Question 3-Performance Evaluation - Version A (10 marks) 3 4 Dingo Division's operating results include: controllable margin of $150,000, sales totaling $1,200,000, and investment of average operating assets of $500,000. Dingo is considering a project with sales of $122,000, controllable margin of $36,000, and an investment of average operating assets of $200,000. Dingo's minimum required rate of return is 12%. Required: 1. If Dingo Division is evaluated based on ROI, would the division accept this project? Calculate the current ROI and the ROI with the new project and comment. (5 marks)