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Handle Fabrication is a division of a major corporation. Last the division had total salos of $23,658,000, net operating income and average operating assets of

Handle Fabrication is a division of a major corporation. Last the division had total salos of $23,658,000, net operating income and average operating assets of $8,000,000. The company's minimum required rate of return is 8%. 1. The division manager wants to invest in additional delivery trucks in an to increase returns. The trucks would cost $800,000The manager estimates that the additional trucks will increase distribution and therefore increase operating income by $58,000. What would the division's on investment after making this investment? 2. Assume that a manager would only receive her bonus if her division achlovos an ROI of % or more If the manager's performance were judged based on ROI would she invest in the additional trucks? Yes or no Enter your answers in the same order as above.

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