Question
Most firms use return on investment (ROI) to evaluate the performance of investment center managers. ? If topmanagement wishes division managers to use all assets
Most firms use return on investment (ROI) to evaluate the performance of investment center managers. ?
If topmanagement wishes division managers to use all assets without regard to financing, the denominator in the ROI calculation will be .
A. Total assets employed.
B. Shareholders' equity.
C. Working capital plus other assets.
D. Total assets available.
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Answer The correct option is A Total assets employed Explanation Using R...
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
