LEO Corporation has five divisions, each of which is managed by a divisional president who reports to
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LEO Corporation has five divisions, each of which is managed by a divisional president who reports to the chief executive officer of LEO. LEO is decentralized, and divisional presidents are granted authority to make investments under $3,000,000 without prior approval by the CEO.
Required
Suggest three financial performance measures that could be used to evaluate the divisions and the divisional presidents.
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