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Brief Exercise 26.2 (Static) Using Return on Investment to Evaluate Proposals (LO26-3) Bramblett Recording Studio is considering two investment proposals (1 and 2). Data for

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Brief Exercise 26.2 (Static) Using Return on Investment to Evaluate Proposals (LO26-3) Bramblett Recording Studio is considering two investment proposals (1 and 2). Data for the two proposals are presented here. Cost of investment Estimated salvage value Average estimated net income 2 $ 80,000 $ 86,000 16,000 24,000 17,280 13,750 Calculate the return on average investment for both proposals. ROI Proposal 1 Proposal 2 % %

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