Project14KieraMorgan.xlsx - Enter your First and Last names...

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Enter your First and Last names to see instructions below: Kiera Morgan ^First Name^ ^Last Name^ Instructions: Hello, Kiera. First, save this file as Project14KieraMorgan.xlsx. There is one prob this project, but I have added an additional question at the bottom. Work and sub The usual rules apply.
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blem (#14-37) in bmit as before.
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Student Name: Kiera Morgan Class: McGraw-Hill/Irwin Problem 14-37 PITT, INC. Part a. Compute ROI if the new machine is not acquired. Operating profit $ 3,750,000 Net book value of investments 6,250,000 ROI 60% Correct! Part b. Compute ROI if the new machine is acquired. Round ROI to nearest tenth of a percent (3 decimal places) Operating profit $ 250,000 Net book value of investments 9,250,000 ROI 0.027 Correct! Part c. Compute ROI for the second year if the new machine is acquired. Round ROI to nearest tenth of a percent (3 decimal places) Operating profit for second year: Sales revenue $ 17,600,000 Costs: Variable 2,200,000 Fixed 7,125,000 Depreciation: Equipment 2,000,000 Other 1,250,000
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