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Check my worl The Western Division of Claremont Company had net operating income of $143,000 and average invested assets of $552,000. Claremont has a required
Check my worl The Western Division of Claremont Company had net operating income of $143,000 and average invested assets of $552,000. Claremont has a required rate of return of 13.75 percent Western has an opportunity to increase operating income by $37,000 with a $91,000 increase in average invested assets. Compute Western Division's return on investment and residual income currently and if it undertakes the project (Enter your ROI answers as a percentage rounded to two decimal places, (ie, 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answers to the nearest whole dollar.) DOM Current Proposed Project incos Return on Investment (ROI) Residual income (Loss) 36
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