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Mountville's results for the year and the potential new investment are shown below. If the new investment is approved and expected to create sales

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Mountville's results for the year and the potential new investment are shown below. If the new investment is approved and expected to create sales of $142,000, a contribution margin of 60% of sales and added fixed costs of $90,000, what is the next year's ROI expected to be (assume rest of firm operates same as last year)? Express as a percent, rounded to two decimal places. (for example 15.25% 15.25) Sales Variable expenses Fixed expenses Average operating assets Minimum rate of return New investment $1,000,000 $300,000 $500,000 $625,000 15% $9,000

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