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The current controllable margin for Kirkland Corporation is $48,000. Its current operating assets are $660,000. The company is considering purchasing equipment for $82,000 that will
The current controllable margin for Kirkland Corporation is $48,000. Its current operating assets are $660,000. The company is considering purchasing equipment for $82,000 that will increase annual controllable margin by an estimated $13,000. If the equipment is purchased, what will be the company's new ROI?
8.22%
9.24%
6.47%
15.85%
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