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Current Attempt in Progress Dax Pet Foods compiled the following information for the year for its dog division Average operating assets $3,500,000 Controllable margin $315,000

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Current Attempt in Progress Dax Pet Foods compiled the following information for the year for its dog division Average operating assets $3,500,000 Controllable margin $315,000 Dax's corporate office expects the division to earn a minimum return of 8%. Suppose the dog division invests in a new machine that will produce a new dog food product. The machine is expected to generate $19,500 of controllable profit and will cost $150,000. If Dax buys the new machine, what happens to ROI? It will become 9.6%. It will be 9%. It will increase to 9.16%. It will change to 13%. Save for Later Attempts: 0 of 1 used Submit

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