Question
Use of RORAC in profitability analysis would mean that: . potential losses are subtracted from the capital measure b. capital is increased by loss amounts
Use of RORAC in profitability analysis would mean that:
| . | potential losses are subtracted from the capital measure
| |
| b. | capital is increased by loss amounts
| |
| c. | lines of business results can all be equal
| |
| d. | expected losses are subtracted from revenues
| |
| e. | none of the above |
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
14th edition
978-0133879872
