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Bonita Retailers has a current return on investment of 12% and the company has established an 8% minimum rate of return for the division. The
Bonita Retailers has a current return on investment of 12% and the company has established an 8% minimum rate of return for the division. The division manager has two investment projects available, for which the following estimates have been made: Project A - Annual controllable margin = $21000. operating assets = $440000 Project B - Annual controllable margin = $51000, operating assets = $570000 Using on ROI, which project or projects should be funded? 0 Both projects 0 Project A 0 Project B 0 Neither project
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