where did the 25,200 come from? 20. The Roll Tide division of SEC Enterprises...
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where did the 25,200 come from?
20. The Roll Tide division of SEC Enterprises is currently earning net operating income of $72,000 with average operating assets of $400,000. The division's manager has been approached with an opportunity to purchase $180,000 of additional assets. This new investment is expected to yield an ROI of 14%. If the manager accepts the new investment, what would the division's new ROI be? A. 12.4% B. 14.0% C) 16.8% D. 18.0% 12.000 + 25,200 97200 = 16.8% S80. 0 0 0 400.000 t lf0. 000
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where did the 25,200 come from?