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Sipacore Waste Management has a subsidiary that disposes of hazardous waste and a subsidiary that collects and disposes of residential garbage. Information related to the

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Sipacore Waste Management has a subsidiary that disposes of hazardous waste and a subsidiary that collects and disposes of residential garbage. Information related to the two subsidiaries follows: Total assets Noninterest-bearing current liabilities Net income Interest expense Required rate of return Tax rate Hazardous Waste $14,076,000 3,036,000 1,718,000 1,262,000 10% 15% Residential Waste $80,040,000 12,144,000 6,072,000 7,384,000 13% 15% (a) X Your answer is incorrect. Calculate ROI for both subsidiaries. (Round answers to 2 decimal places, eg. 15.32%.) Hazardous Waste Residential Waste ROI 12.21 % 7.59 % e Textbook and Media Save for Later Attempts: 2 of 3 used Submit

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