Multiple Choice
Care Inc., has two divisions that operate independently of one another. The financial data for the year 2015 reported the following results:
The company's desired rate of return is 10%. Income is defined as operating income.
What are the respective return-on-investment ratios for the North and South Divisions?
A) 16.00% and 11.88%
B) 10.00% and 7.50%
C) 11.88% and 16.00%
D) 7.50% and 10.00%
Correct Answer:
Verified
Correct Answer:
Verified
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