Question: A divisional manager at Dean Co. is considering implementing a new project in the coming year that would have a cost of $937,500 and would

 A divisional manager at Dean Co. is considering implementing a new

A divisional manager at Dean Co. is considering implementing a new project in the coming year that would have a cost of $937,500 and would add $119.500 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 - $704,000 Assets - 1,795,000 If the project proposal is accepted, what would the division's ROI be for the coming year? Enter your answer as a number with two decimal places. For example, 35% becomes 0.35

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