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A divisional manager at Dean Co. is considering implementing a new project in the coming year that would have a cost of $880793 and would

A divisional manager at Dean Co. is considering implementing a new project in the coming year that would have a cost of $880793 and would add $110208 to the division's net income each year.

The manager's projected results for the coming year, before consideration of the project proposal, are as follows:

Income

$706705

Assets

1891376

If the project proposal is accepted, what would the division's ROI be for the coming year?

Select one:

a.5.8%

b.29.5%

c.31.5%

d.37.4%

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