Question: Sheridan Division's operating results include: - Controllable margin, $318,150 - Sales revenue, $2,418,000 - Operating assets, $1,010,000 Sheridan is considering a project with sales of

 Sheridan Division's operating results include: - Controllable margin, $318,150 - Sales

Sheridan Division's operating results include: - Controllable margin, $318,150 - Sales revenue, $2,418,000 - Operating assets, $1,010,000 Sheridan is considering a project with sales of $275,910, expenses of $186,000, and an investment of $370,000. Sheridan's required rate of return is 15%. What is the ROI of the new project. (Round answer to 1 decimal place, e.g. 52.5\%.) ROl of the new project % What is the ROI if Sheridan takes up the new project? (Round answer to 1 decimal place, e.g. 52.5\%.) New ROI %

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