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The following data relates to a project, Light Bulb Project, that Logan Electric Division's manager is considering for investment: Light Bulb Project sales Light Bulb
The following data relates to a project, Light Bulb Project, that Logan Electric Division's manager is considering for investment: Light Bulb Project sales Light Bulb Project operating income Light Bulb Project total assets $7,200,000 $720,000 $4,000,000 Corporate target rate of return 20% What is the Light Bulb Project's Return on Investment (ROI) and if the corporation uses ROI to evaluate its division managers what would be the Logan Electric Dvision manager's decision? OA 10.00% and accept the project. OB. 18.00% and reject the project OC. 13.00% and reject the project OD. 180.00% and accept the project
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