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Pharoah Division's operating results include: Controllable margin, $ 3 0 6 , 0 0 0 Sales revenue, $ 2 , 4 0 6 , 0

Pharoah Division's operating results include:
Controllable margin, $306,000
Sales revenue, $2,406,000
Operating assets, $1,000,000
Pharoah is considering a project with sales of $252,120, expenses of $174,000, and an investment of $360,000. Pharoah's required rate of return is 15%.
What is the ROI of the new project. (Round answer to 1 decimal place, e.g.52.5%.)
ROI of the new project %
What is the ROI if Pharoah takes up the new project? (Round answer to 1 decimal place, e.g.52.5%.)
New ROI %
Determine whether Pharoah should accept this project.
?
Pharoah the project.
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