Figure 19-1 Assume the Division's Current ROI Is 10 Per Cent and Project

Multiple Choice

Figure 19-1 $$\begin{array} { c c c } \text { Project } & \text { Income } & \text { Investment } \\\text { A } & £ 40,000 & £ 800,000 \\\text { B } & 44,000 & 400,000 \\\text { C } & 46,875 & 625,000\end{array}$$ Assume the division's current ROI is 10 per cent and the firm's minimum required rate of return is 6 per cent.
-Refer to Figure 19-1 above. If you were the president of the firm, which projects would you want the division manager to accept?

A) Projects A, B, and C
B) Projects B and C
C) Project A only
D) Project B only