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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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