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The current income of the subunit is $42,000. Its current invested capital is $280,000. If the sales margin is increased to 8% and the capital
The current income of the subunit is $42,000. Its current invested capital is $280,000. If the sales margin is increased to 8% and the capital turnover remains constant at 3, what will be the subunit's new return on investment (ROI)?
Practice Question options:
a)24%
b)45%
c)15%
d)21%
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