Essay
Batman Abstract Company has three divisions that operate autonomously. Their results for 2015 are as follows:
The company's desired rate of return is 20%.
Required:
a.Compute each division's ROI.
b.Compute each division's residual income.
c.Rank each division by both ROI and residual income.
d.Which division had the best performance in 2015? Why?
Correct Answer:
Verified
a.Riddler ROI= $1,000,000/$9,000,000= 0....View Answer
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