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The area manager of ARC is considering two possible expansion alternatives. The required investments, expected contribution margin and controllable margins of each are as follows:
The area manager of ARC is considering two possible expansion alternatives. The required investments, expected contribution margin and controllable margins of each are as follows: ARC Division has curently $2,000,000 in invested capital, a contribution margin of $550,000 and a controllable margin of $300,000. If project 002 is implemented, the ARC's ROI will be decimals) % (rounded 3
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