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The Beech Division had a return on investment of 16% last year. Which of the following investment opportunities would Beech's management consider for the upcoming

The Beech Division had a return on investment of 16% last year. Which of the following investment opportunities would Beech's management consider for the upcoming year, given that management is evaluated using ROI?

a.

Any investment with a positive operating income.

b.

Any investment with a return greater than the minimum rate of return.

c.

Any investment with a positive return on investment.

d.

Any investment with a return on investment of at least 16%.

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