Question: The company has the following investment opportunity: a nondepreciable asset purchase of $ 8 2 , 0 0 0 with projected operating income of $
The company has the following investment opportunity: a nondepreciable asset purchase of $ with projected operating income of $ per year. Unfortunately, the company has only enough resources for one division to make this investment. Which divisional managers would likely jump at the chance to make this investment?
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