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The following information pertains to Moore Company: Total assets $150,000 Total current liabilities 110,000 Total expenses 160,000 Total liabilities 115,000 Total revenues 180,000 If invested

The following information pertains to Moore Company: Total assets $150,000 Total current liabilities 110,000 Total expenses 160,000 Total liabilities 115,000 Total revenues 180,000 If invested capital is defined as total assets, a project earning an ROI of 12% should be rejected or rejected if the cost of capital is greater than 12%?

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