If sales and average operating assets for year 2 are identical to their values in year 1
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If sales and average operating assets for year 2 are identical to their values in year 1 , yet operating income is higher, year 2 return on investment (compared with year \(1 \mathrm{ROI}\) ) will
a. increase.
b. decrease.
c. stay the same.
d. The direction of change in ROI cannot be determined by this information.
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Related Book For
Fundamental Cornerstones Of Managerial Accounting
ISBN: 9780333623183
1st Edition
Authors: Dan L. Heitger, Maryanne M. Mowen, Don R. Hansen
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