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Please show work where you can, thank you! The following information relates to the operating performance of two division of world Electronics, Inc., for last
Please show work where you can, thank you!
The following information relates to the operating performance of two division of world Electronics, Inc., for last year. Compute the return on investment (ROI) of each division, using total assets at gross book value as the investment base. Compute the ROB of each division, using total assets net of accumulated depreciation (net book value) as the investment base. Which of the two measures do you think gives the better indication of operating performance Explain your reasoningStep by Step Solution
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