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Brown Ventures is seeking to make investments in the sport entertainment industry. They are trying to decide between the following 2 investments and have, through
Brown Ventures is seeking to make investments in the sport entertainment industry. They are trying to decide between the following 2 investments and have, through their due diligence process, gathered the following information: Sales Net Income Depreciation Expense Interest Expense Assets Being Purchased Brady Centers 6,000,000 $750,000 $70,000 $80,000 $ 3,000,000 Kraft Sports 15,000,000 1,300,000 120,000 360,000 $6,000,000 Brown Ventures has a minimum return on investment target of 12%. Please prepare a comprehensive analysis to help decide which investment to make. Do not round intermediate calculations
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