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Concord Division's operating results include: controllable margin of $272000, sales totaling $1500000, and average operating assets of $800000. Concord is considering a project with sales

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Concord Division's operating results include: controllable margin of $272000, sales totaling $1500000, and average operating assets of $800000. Concord is considering a project with sales of $100000, expenses of $88000, and an investment of average operating assets of $200000. Concord's required rate of return is 8%. Should Concord accept this project? Yes, ROI will drop by 6.6% which is still above the minimum required rate of return. No, ROl will decrease to 6%. No, the return is less than the required rate of 8%. Yes, ROI still exceeds the cost of capital. Attempts: 0 of 1 used

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