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Figure 19-1 Assume the Division's Current ROI Is 10

Question 32

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Figure 19-1 Figure 19-1   Assume the division's current ROI is 10 per cent and the firm's minimum required rate of return is 6 per cent. -The following information was extracted from the accounting records of Florissant Valley Motors:   Florissant Valley's ROI for the current year is A)  greater than for the prior year due to the change in turnover. B)  greater than for the prior year due to the change in margin. C)  less than for the prior year due to the change in turnover. D)  less than for the prior year due to the change in margin. Assume the division's current ROI is 10 per cent and the firm's minimum required rate of return is 6 per cent.
-The following information was extracted from the accounting records of Florissant Valley Motors: Figure 19-1   Assume the division's current ROI is 10 per cent and the firm's minimum required rate of return is 6 per cent. -The following information was extracted from the accounting records of Florissant Valley Motors:   Florissant Valley's ROI for the current year is A)  greater than for the prior year due to the change in turnover. B)  greater than for the prior year due to the change in margin. C)  less than for the prior year due to the change in turnover. D)  less than for the prior year due to the change in margin. Florissant Valley's ROI for the current year is


A) greater than for the prior year due to the change in turnover.
B) greater than for the prior year due to the change in margin.
C) less than for the prior year due to the change in turnover.
D) less than for the prior year due to the change in margin.

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