Enrod Company has two divisions: Old and New. Its summary results are Enrods cost of capital is

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Enrod Company has two divisions: Old and New. Its summary results are

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Enrod’s cost of capital is 16%. What is the ROI and RI for Old Division?

a. 18%; $80,000

b. 20%; $100,000

c. 20%; $80,000

d. 18%; $100,000 v

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Accounting For Managers Interpreting Accounting Information For Decision Making

ISBN: 9781118037966

1st Canadian Edition

Authors: Paul M. Collier, Sandy M. Kizan, Eckhard Schumann

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