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Sirius, Inc. has average total assets of $300,000. The annual operating income of the company is $90,000. The minimum rate of return for the company

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Sirius, Inc. has average total assets of $300,000. The annual operating income of the company is $90,000. The minimum rate of return for the company is 15%. Sirius is offered a potential project with a 17% return on investment. Calculate the current residual income of Sirius (before possible acceptance of this project) and whether Sirius should accept the potential project if the manager is evaluated on residual income. $15,000, yes Sirius will accept the potential project because the estimated ROI exceeds the minimum rate of return. $45,000, no Siruis will reject the potential project because the estimated ROI is below their current ROI of 30%. O none of the choices are correct $15,000, no Siruis will reject the potential project because the estimated ROI is below their current ROI of 30%. $45,000, yes Sirius will accept the potential project because the estimated ROI exceeds the minimum rate of return

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