Question: The current controllable margin for Claremont Division is $62300. Its current operating assets are $200000. The division is considering purchasing equipment at the beginning of

The current controllable margin for Claremont Division is $62300. Its current operating assets are $200000. The division is considering purchasing equipment at the beginning of the year for $61300that will increase annual controllable margin by an estimated $10000. If the equipment is purchased, what will happen to the return on investment for Claremont Division? (Round answer to nearest cent)

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