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Sandhill Division's operating results include: Controllable margin, $321,180 Sales revenue, $2,421,000 Operating assets, $1,010,000 Sandhill is considering a project with sales of $281,870, expenses of
Sandhill Division's operating results include: Controllable margin, $321,180 Sales revenue, $2,421,000 Operating assets, $1,010,000 Sandhill is considering a project with sales of $281,870, expenses of $189,000, and an investment of $370,000. Sandhill'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 Sandhill takes up the new project? (Round answer to 1 decimal place, e.g. 52.5%.) New ROI Sandhill % % Determine whether Sandhill should accept this project. the project.
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