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For the period just ended, Trek Corporation's Trailer Division reported profit of $208 million and invested capital of $650 million. Assuming an imputed interest rate
For the period just ended, Trek Corporation's Trailer Division reported profit of $208 million and invested capital of $650 million. Assuming an imputed interest rate of 20%, which of the following choices correctly denotes Trailer's return on investment (ROI) and residual income? ROI Residual Income A. 32% $78 million B. 32% $(78 million) C. 20% $78 million D . $78 million 32% F None of the answers is correct. Multiple Choice O Cholce A O Choice B O Choice C O Choice D O Choice E
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