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What will be the company new roi

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Question 1: The current controllable margin for Kirkland Corporation is $48,000. Its current operating assets are $660,000. The company is considering purchasing equipment for $82,000 that will increase annual controllable margin by an estimated $13,000. If the equipment is purchased, what will be the company's new ROI?

Option 1: 8.22%

Option 2: 9.24%

Option 3: 6.47%

Option 4: 15.85%

Reference no: EM132580532

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