Exercise 24-9 (Static) Return on Investment analysis LO A1 A growing chain is trying to decide which store location to open. The first location (A) requires a $1,000,000 investment in average assets and is expected to yield annual income of $160,000. The second location (8) requires a $600,000 investment in average assets and is expected to yield annual income of $108,000. (1) Compute the expected return on investment for each location (2) Using return on investment, which location (A or B) should the company open? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the expected return on investment for each location. Return on investment Denominator ROI Numer ROI Location Location Required 2 > Exercise 24-9 (Static) Return on investment analysis LO A1 A growing chain is trying to decide which store location to open. The first location (A) requires a $1.000.000 investment in werage assets and is expected 10 yield annual income of $160,000. The second location (8) requires a $600,000 investment in average asset and is expected to yield annual income of $108.000 1) Compute the oxpected return on investment for each location (2) Using return on investment, which location (A or B) should the company open? Complete this question by entering your answers in the tabs below. Required Riquired 2 Using return on investment, which location (A or B) should the company open Using resum on investment, which location A or B) should the company open? Required 1