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Oriole Corporation recently announced a bonus plan to reward the manager of its most profitable division. The three divisional managers are to decide which performance

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Oriole Corporation recently announced a bonus plan to reward the manager of its most profitable division. The three divisional managers are to decide which performance measure will be used to evaluate profitability. Oriole Corporation requires a 10% minimum return on investment. The following information is available for the year just ended. Division of Assets Income Ashton Drye Poole Gross Divisional Book Value Operating s800,000 $94,660 91,650 45,000 58,690 749,400 (a) Calculate return on investment. (Round ROI to 2 decimal places, eg. 5.1290.) Return on Investment Ashton Drye Poole Which division performed the best

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