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Ling Company reported operating income of $175,000 in January 2020. The following shows their balance sheet for January, 2020 month end. Their balance of operating

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Ling Company reported operating income of $175,000 in January 2020. The following shows their balance sheet for January, 2020 month end. Their balance of operating assets at January 1, 2020 was $875,000. Account Payable Loan Payable Liabilities 175,000 125,000 Cash Account receivable Inventory Plant & Equipment Goodwill Accumulated Depreciation Asset 200,000 30,000 20,000 800,000 5,000 45,000 Equity 710,000 The following investment opportunities are available to the division: Investment Income Investment Opportunity 1 $18,000 $200,000 2 80,000 600,000 3 110,000 500,000 4 40,000 200,000 The firm requires a minimum return of 13% on all investment opportunities which is consistent with the rate of return required by investors. The company's marginal tax rate is 25%. Required: 1) If you are Ling's manager and your performance bonus was evaluated on ROI and on RI, based on the existing division ROI and RI, which investment opportunity or opportunities would you be motivated to accept. Explain why

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