Question: Current Attempt in Progress Waterway Division's operating results include: controllable margin of $224000, sales totaling $1400000, and average operating assets of $800000. Waterway is considering

Current Attempt in Progress Waterway Division's operating results include: controllable margin of $224000, sales totaling $1400000, and average operating assets of $800000. Waterway is considering a project with sales of $100000, expenses of $88000, and an investment of average operating assets of $200000. Waterway's required rate of return is 8%. Should Waterway accept this project? O No, the return is less than the required rate of 8%. O Yes, ROI still exceeds the cost of capital. O No, ROJ will decrease to 6%. O Yes, ROI will drop by 6.6% which is still above the minimum required rate of return. eTextbook and Media Save for Later Attempts: 0 of 1 used Submit
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