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The Pasta Division of Whole Grain Corporation was considering investing in a project that had sales of $9,000,000 and operating income of $620 000 last
The Pasta Division of Whole Grain Corporation was considering investing in a project that had sales of $9,000,000 and operating income of $620 000 last year The total assets of the Pasta Division were $2,500,000, while current liabilities were $350,000. Whole Grain Corporation's target rate at return is 18% The Pasta Dwsion prior to the nvestment had and ROI of 27%. What is the project's Retun on Investment (ROI) and would the manager of the Pasta Diision accept or reject the project if the manager is evaluated based on ROI? 24 80% and accept O B. 28.8% and accept C. 24 80% and reject OD, 6996 and repect
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