Multiple Choice
The Geelong Division of the Wasson Widget Co. requires a 12% rate of return. During a recent year Shannon had a net profit of $400,000 and a residual income of $250,000. What was its ROI?
A) 32%
B) 15%
C) 12%
D) 26%
Correct Answer:
Verified
Correct Answer:
Verified
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