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DIV CO. has a current return on investment of 11% and the company has established an 12% minimum rate of return for the division. The

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DIV CO. has a current return on investment of 11% and the company has established an 12% minimum rate of return for the division. The division manager has two investment projects available, for which the following estimates have been made: (Project A - Annual controllable margin (Net Operating Income) = $80,000, operating assets = $620,000) (Project B - Annual controllable margin (Net Operating Income) = $32,000, operating assets = $800,000). Which project should be funded? Select one: a. Neither project b. Project B c. Project A d. Both projects

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