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CoverYourFace Company (CYFC) is a manufacturer of designer face masks and is evaluating its performance for the first half of the year. The following data

CoverYourFace Company (CYFC) is a manufacturer of designer face masks and is evaluating its performance for the first half of the year. The following data are provided:

Total assets $150,000

Total current liabilities 110,000

Total expenses 160,000

Total liabilities 115,000

Total revenues 180,000

If invested capital is defined as total assets, an ROI of 12% should be________

Group of answer choices:

rejected if the desired rate of return is less than 12%

rejected if the cost of capital is greater than 12%

accepted

rejected

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