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40 22 Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Investment required Present value of cash inflows Project C Project D

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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Investment required Present value of cash inflows Project C Project D Project E $11,900 $50,000 $ 95,000 $13,580 $67,300 $109,410 The profitability index of investment project D is closest to: Multiple Choice o o o o BR Company has a contribution margin of 8% Sales are $497,000, net operating income is $39,760, and average operating assets are $135,000. What is the company's return on investment (RON)? Multiple Choice o .7% o o 29.5% o

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