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Use the following information to answer the next TWO (2) questions. Selected performance data for three divisions of Dory Company are given as follows: Current
Use the following information to answer the next TWO (2) questions. Selected performance data for three divisions of Dory Company are given as follows: Current Return on Investment (ROI) Current Residual Income (RI) Minimum required rate of return Division A 16.3% $222,000 11.3% Division B 14.3% $0 14.3% Division C 10.3% $-1,080,000 11,8% Each division is presented with an investment opportunity that would yield a 12.3% return on investment.
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