Paula Boothe, president of the Culver Corporation, has mandated a minimum 8%% return on investment for any project undertaken by the company. Given the company's decentralization, Paula leaves all investment decisions to the divisional managers as long as they anticipate a minimum rate of return of at least 10%. The Energy Drinks division, under the direction of manager Martin Koch, has achieved a 16% return on investment for the past three years. This year is not expected to be different from the past three. Koch has just received a proposal to invest $3,000,000 in a new line of energy drinks that is expected to generate $360,000 in operating income. (a Calculate the return on investment expected on the new line of 1 decimal place e.g. 5.19() Return on Investment e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer b if Martin Koch is evaluated based on the division's return on investment. will he pose to invest in the new line? Textbook and Media save for Later Attempts: 0 of 3 used Submit Answer (c) Would Paula Boothe prefer that Martin Koch invest in the new line