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Return to Blackboard Davis, Managerial Accounting, 3e Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT Exercise 10-9 (Part Level Submission) Paula Boothe, president of the

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Return to Blackboard Davis, Managerial Accounting, 3e Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT Exercise 10-9 (Part Level Submission) Paula Boothe, president of the Ayayai Corporation, has mandated a minimum 10% 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 13% 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 $1,800,000 in a new line of energy drinks that is expected to generate $200,000 in operating income. Calculate the return on investment expected on the new line of energy drinks. (Round answer to 1 decimal place, e.o. 5.7%) Return on Investment LINK TO TEXT Attempts: 0 of 4 used SAVI FOR LATER SUBMIT ANSWER (b) The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part ww be valable when you complete the part above. Show all D GRADE CALCULAT... # 40 5/3/2020 o Com arch B e 9

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