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Please Help! You must prepare a return on investment analysis for the regional manager of Fast & Great Burgers. This growing chain is trying to
Please Help!
You must prepare a return on investment analysis for the regional manager of Fast \& Great Burgers. This growing chain is trying to decide which outlet of two alternatives to open. The first location (A) requires a $500,000 investment and is expected to yield annual net income of $85,000. The second location (B) requires a $200,000 investment and is expected to yield annual net income of $38,000. Compute the return on investment for each Fast \& Great Burgers alternative. Using return on investment as your only criterion, which location (A or B) should the company open? (The chain currently generates an 19% return on total assets.) Complete this question by entering your answers in the tabs below. Compute the return on investment for each Fast \& Great Burgers alternative. Complete this question by entering your answers in the tabs below. Using return on investment as your only criterion, which location (A or B) should the company openStep by Step Solution
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