Ch10 part2 HW X n NWP Assessment Player UIAp X n Course Hero X l u Dashboard X I + v _/4 'E 3 View Policies Current Attempt in Progress Paula Boothe, president of the Bridgeport Corporation, has mandated a minimum 10% return on investment for any project undertaken by the company. Given the company's decentralization, Paula leaves all investment decisions to the divisional managers as long as they anticipate a minimum rate of return of at least 12%. The Energy Drinks division, under the direction of manager Martin Koch, has achieved a 15% return on investment for the past three years This year is not expected to be different from the past three. Koch hasjust received a proposal to invest $2,000,000 in a new line of energy drinks that is expected to generate $260,000 in operating income. (2) Calculate the return on investment expected on the new line of energy drinks. (Round answer to 1 decimal place, eg. 5.1%.) / Return on Investment eTextbook and Media Save for Later Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above