71.

The financial information pertains to Moore Company: Total assets $150,000; Total liabilities 115,000; Total expenses $160,000; Total revenues $180,000. If invested capital is defined as total assets, a project earning an ROI of 12% should be:

Select one:

a. accepted

b. rejected

c. rejected if the desired rate of return is less than 12%

d. rejected if the cost of capital is greater than 12%