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required Supply the missing information in the following table for Solomon Company. (Do not round intermedlate calculations. Round ROI answer to 2 decimal places. (i.e.,
required Supply the missing information in the following table for Solomon Company. (Do not round intermedlate calculations. Round "ROI" answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) The Monarch Division of Allgood Corporation has a current ROI of 13 percent. The company target ROI is 9 percent. The Monarch Division has an opportunity to invest $5,700,000 at 11 percent but is reluctant to do so because its ROI will fall to 12.24 percent. The resent investment base for the division is $9,300,000. Required . Calculate the current residual income and the residual income with the new investment opportunity being included. Based on your answers to requirement a, should Monarch Division make the investment
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