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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
The Street Divislon of Labrosse Logistics Just started operatlons. It purchased depreclable assets costing $ lon and having a fouryear expected llfe, after which the assets can be salvaged for $milllon. In addition, the division has $milli on In assets that are not depreclable. After four years, the dlvislon will have $ million avallable from these non depreclable assets. Thls means that computing ROI, thls dlvislon uses endofyear asset values in the denominator. Depreclation is computed on a stralghtllne 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 decimal places Ie
tableROINet Book Value,Gross Book Value,,Year
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