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The current controllable margin for Kirkland Corporation is $56,000. Its current operating assets are $680,000. The company is considering purchasing equipment for $86,000 that will

The current controllable margin for Kirkland Corporation is $56,000. Its current operating assets are $680,000. The company is considering purchasing equipment for $86,000 that will increase annual controllable margin by an estimated $15,000. If the equipment is purchased, what will be the company's new ROI?

10.44%

7.31%

9.27%

10.22%

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