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1. Calculate ROI and RI for the 2 divisions - For the Belgium division use C$ and euros.2. What are the profitability and turnover components
1. Calculate ROI and RI for the 2 divisions - For the Belgium division use C$ and euros.2. What are the profitability and turnover components of the Canadian ROI.Thanks
E27 X V fx A B C D E F G H 1 ABC Corp has a division in Canada and another in Belgium. The investment in the Belguim assets 2 was made when the exchange rate was $1.45/euro. The average exchange rate was $1.35/euro. w The exchange rate at the end of the year was $1.32/euro. A 5 The required rate of return for the two investments is 11.5% 6 7 Income and investment for the 2 divisions are as follows; Canada Belguim 10 Sales 500,000 252,000 Euros 11 Investment in Assets 2,000,000 900,000 Euros 12 Income for the year 225,000 100,800 Euros 13 14 Calculate ROI and RI for the 2 divisions - For the Belguim division use C$ and euros 15 What are the profitability and turnover components of the Canadian ROI + 16 17 18 19 20 21 22 23 24 25 26Step by Step Solution
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