Question: Evaluate the desirability of adopting a new project using return on investment, margin, and turnover (L.O. 4) For the year ended December 31, 2019, Fore

Evaluate the desirability of adopting a new project using return on investment, margin, and turnover (L.O. 4) For the year ended December 31, 2019, Fore Company reported the following information for the company as a whole and for the sports segment of Fore Corporation: Sports Segment Fore Woods Irons Company Project Project Total Sales $12,000,000 $1,350,000 $600,000 $1,950,000 Income 1,125,000 300,000 37,500 337,500 Investment 4,500,000 900,000 105,000 1,005,000 Fore Company anticipates that these relationships (return on investment, margin, and turnover) will hold true for the upcoming year. The sports segment is faced with the possibility of adding a new project in 2020, with the following projected data: Putters Project Sales $450,000 Income 52,500 Investment 187,500 a. Determine the return on investment for Fore Company, for the sports segment, and for the Woods and Irons projects separately for the year ended December 31, 2019. b. Using this information, determine the effect of adding the Putters project on the sports segment's return on investment. What problem may be encountered

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