Chrome File Edit View History Bookmarks Profiles Tab Window Help $ 1 8 7 ) 61% Wed 11:45 AM Dave Barr QE . .. We ACC-650 TOPIC 7 Assignment x * Dashboard X WP NWP Assessment Player UI Ap| x Course Hero C A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=ac9c779b-83b4-4c05-8af9-1dd5d51707ce#/question/4 Update : - ACC-650 TOPIC 7 Assignment Question 5 of 12 3.33/ 5 ... Paula Boothe, president of the Pronghorn Corporation, has mandated a minimum 8% return on investment for any project undertaken by the company. Given the company's decentralization, Paula leaves all investment decisions to the divisional managers as long as they anticipate a minimum rate of return of at least 10%. The Energy Drinks division, under the direction of manager Martin Koch, has achieved a 13% return on investment for the past three years. This year is not expected to be different from the past three. Koch has just received a proposal to invest $2,000,000 in a new line of energy drinks that is expected to generate $240,000 in operating income. (a) Calculate the return on investment expected on the new line of energy drinks. (Round answer to 1 decimal place, e.g. 5.1%.) % Return on Investment eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) S O BEY WQ XPJA 4-2.j LO