Essay
Sage Division's operating results include:
Controllable margin $300000
Sales revenue $2400000
Operating assets $1000000
Sage is considering a project with sales of $240000 expenses of $168000 and an investment of $360000. Sage's required rate of return is 15%.
Instructions
Determine whether Sage should accept this project.
Correct Answer:

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Current ROI = $300000 ÷ $1000000 = 30%
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Correct Answer:
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R...
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