Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the ROI to help an investor who needs to invest in the best dividends ( shares ) , the following below are the net

Use the ROI to help an investor who needs to invest in the best dividends ( shares ) , the following below are the net profits and capital extracted from these three companies accounting records , .......(3 marks)

A B C Capital 1000,000 2000,000 6000,000 Profits 100,000 40,000 1500,000 Required Which company is of the best performance based on ROI criteria ? state the reason why ?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Reporting Analysis And Decision Making

Authors: Shirley Carlon, Rosina Mcalpine, Chrisann Lee, Lorena Mitrione, Ngaire Kirk, Lily Wong

7th Edition

0730395294, 978-0730395294

More Books

Students also viewed these Accounting questions