The return on investment measure may be biased in favor of divisions with older plant and equipment.
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This statement may be correct depending on how ROI is calculated If assets are stated at acquisi...View the full answer
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Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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