Multiple Choice
Which of the following statements about ROI is false?
A) ROI is used to measure the performance of investment centers.
B) ROI = margin divided by investment turnover.
C) Trying to maximize ROI can result in a conflict between the interest of a particular manager and the interest of the business as a whole.
D) The book value of operating assets is frequently used as the investment base for calculating return on investment.
Correct Answer:
Verified
Correct Answer:
Verified
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