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Many companies use residual income to evaluate investment alternatives and to measure company performance because performance evaluation that is based on ROI can Select answer

Many companies use residual income to evaluate investment alternatives and to measure company performance because performance evaluation that is based on ROI can Select answer from the options below a) be misleading. b) cause managers to accept proposals that would increase income for the company by less than the optimal amount. c) be too simplistic. d) both a and b are correct

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