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What would the division ROI be for the coming year

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Reference no: EM132766949

Question - A divisional manager at Dean Co. is considering implementing a new project in the coming year that would have a cost of $880793 and would add $110208 to the division's net income each year.

The manager's projected results for the coming year, before consideration of the project proposal, are as follows:

Income $706705

Assets 1891376

If the project proposal is accepted, what would the division's ROI be for the coming year?

a. 43.2%

b. 12.5%

c. 37.4%

d. 29.5%

Reference no: EM132766949

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