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Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
Edition 6ISBN: 978-1305103962Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
Edition 6ISBN: 978-1305103962 Exercise 7
If sales and average operating assets for Year 2 are identical to their values in Year 1, yet operating income is higher, Year 2 return on investment (compared with Year 1 ROI) will
A) decrease.
B) increase.
C) stay the same.
D) The direction of change in ROI cannot be determined by this information.
A) decrease.
B) increase.
C) stay the same.
D) The direction of change in ROI cannot be determined by this information.
Explanation
Verified
Verified
The answer is 'b' i: e increase.
• If co...
Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
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