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6 Dingo Division's operating results include: controllable margin o: $150,000, sales totaling $1,200,000, and investment of average operating assets $ of $500,000. Dingo is

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6 Dingo Division's operating results include: controllable margin o: $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)

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