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Please show how to solve. Thank you A divisional manager at Dean Co. is considering implementing a new project in the coming! year that would
Please show how to solve. Thank you
A divisional manager at Dean Co. is considering implementing a new project in the coming! year that would have a cost of $915912 and would add $112824 to the division's net income each year. The manager's projected results for the coming year, before consideration of the project proposal, are as follows: Income $700942 Assets 1820314 If the project proposal is accepted, what would the division's ROI be for the coming year? Select one: a. 29.7% b. 32.3% c. 6.2% d. 38.5%Step by Step Solution
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