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Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
Edition 4ISBN: 978-0324380767Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
Edition 4ISBN: 978-0324380767 Exercise 41
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 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
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