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The Street Divislon of Labrosse Logistics Just started operatlons. It purchased depreclable assets costing $ 4 1 . 5 m l l l l lon

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The Street Divislon of Labrosse Logistics Just started operatlons. It purchased depreclable assets costing $41.5mllll lon and having a four-year expected llfe, after which the assets can be salvaged for $8.3milllon. In addition, the division has $41.5milli on In assets that are not depreclable. After four years, the dlvislon will have $41.5 million avallable from these non depreclable assets. Thls means that computing ROI, thls dlvislon uses end-of-year asset values in the denominator. Depreclation is computed on a stralght-llne basls, recognizing the salvage values noted. Ignore taxes.
Required:
a. & b. Compute ROI, using net book value and gross book value for each year.
Note: Enter your answers as a percentage rounded to 2 decimal places (I.e.,32.10).
\table[[,ROI],[Net Book Value,Gross Book Value,,],[Year 1,15.66,%,15.66,%
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