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Find what the roi for coretex would amount to

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Reference no: EM132720006

Problem 1: The current pretax income for Coretex is $75,000 (tax rate is 35%), with an average asset base of $240,000, and an expected return of 18 percent or higher. The ROI for Coretex would amount to:

Option 1: 68.8%
Option 2: 20.3%
Option 3: 18.0%
Option 4: 31.3%

Reference no: EM132720006

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