Title: Brooke Bundi, president of the Seco Corporation, has mandated a minimum 10% return on investment for ... Post by: lilricemunch on Jan 29, 2023 Brooke Bundi, president of the Seco Corporation, has mandated a minimum 10% return on investment for any project undertaken by the company. Given the company's decentralization, Brooke leaves all investment decisions to the divisional managers as long as they anticipate a minimum rate of return of at least 12%. The Flavored Water division, under the direction of manager Karl Martin, has achieved a 14% return on investment for the past three years. This year is not expected to be different from the past three. Martin has just received a proposal to invest $1,700,000 in a new line of flavored water that is expected to generate $221,000 in operating income.
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Title: Brooke Bundi, president of the Seco Corporation, has mandated a minimum 10% return on investment for ... Post by: GlitterBug11 on Jan 29, 2023 Content hidden
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