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TB MC Qu. 11-22 (Static) Tennill Incorporated has a... Tennill Incorporated has a $1,400,000 investment opportunity with the following characteristics: Sales $ 4, 480, 000

TB MC Qu. 11-22 (Static) Tennill Incorporated has a... Tennill Incorporated has a $1,400,000 investment opportunity with the following characteristics: Sales $ 4, 480, 000 Contribution margin ratio 40% of sales Fixed expenses $ 1, 657, 600 The ROI for this year's investment opportunity considered alone is closest to: Multiple Choice O 8.1% O 128.0% O 3.0% O 9.6%

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