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Assume All About Shoes Corporation has a division manager that is considering investing in the Hiking Shoes Project which had the following results last year
Assume All About Shoes Corporation has a division manager that is considering investing in the Hiking Shoes Project which had the following results last year (in thousands). Management's target rate of return is 20%. The division manager's current ROI before the investment is 30%. Sales $5,000,000 Operating income 250,000 Total assets 1,000,000 Current liabilities 750,000 What is the the project's Return on Investment (ROI) and would the corporation's division manager accept or reject the project if the manager was evaluated using ROI? O A. 100% and accept OB. 5% and reject OC. 25% and reject OD. 25% and accept
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