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The housewares division of a department store currently generates a return on investment of 15%. The division is considering four alternative investments. The required rate
The housewares division of a department store currently generates a return on investment of 15%. The division is considering four alternative investments. The required rate of return for the company is 14%. Which one of the following would the division be most likely to accept? a project with an asset turnover of 7 and operating income of $40,000 on sales of $2,000,000 a project with a return on investment of 14.5% a project with a margin of 3.5% and an asset turnover of 5 a project with a margin of 6.0% and an asset turnover of 2.5 a
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