Question: Refer to the data in Exercise 14-24. The division manager learns that he has the option to lease the asset on a year-to-year lease for

Refer to the data in Exercise 14-24. The division manager learns that he has the option to lease the asset on a year-to-year lease for $148,000 per year. All depreciation and other tax benefits would accrue to the lessor. What is the divisional ROI if the asset is leased?

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