Division A of Azonto Group has investments at the year end of GHS56 million. These include the
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Division A of Azonto Group has investments at the year end of GHS56 million. These include the cast of a new equipment item costing GHS3 million, that was acquired two weeks before the end of is recorded in the accounts as an inter-company The profit of Division A for the year was GHST million before deducting finance costs of GHS800,000.
Required:
What is the most appropriate measure of ROI for Division A for the year.
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To determine the most appropriate measure of Return on Investment ROI for Division A of the Azonto G... View the full answer
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