Vaughn Retailers has a current return on investment of 11% and the company has established an 8% minimum rate of return for the division. The division manager has two investment projects available, for which the following estimates have been made: Project A - Annual controllable margin = $27000, operating assets = $430000 Project B - Annual controllable margin = $56000, operating assets = $590000 Using on ROI, which project or projects should be funded? O Both projects O Project A O Project B O Neither project

Vaughn Retailers has a current return on imvestment of 11% and the company has established an 8% minimum rate of return for the division. The division manager has two investment projects available, for which the following estimates have been made: Project A - Annual controllable margin =$27000, operating assets =$430000 Project B - Annual controllable margin =$56000,0 perating assets =$590000 Using on ROI, which project or projects should be funded? Both projects Project A Project B Neither project