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Care Inc, Has Two Divisions That Operate Independently of One Another

question 148

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Care Inc., has two divisions that operate independently of one another. The financial data for the year 2015 reported the following results:
Care Inc., has two divisions that operate independently of one another. The financial data for the year 2015 reported the following results:   The company's desired rate of return is 10%. Income is defined as operating income. What are the respective return-on-investment ratios for the North and South Divisions? A)  16.00% and 11.88% B)  10.00% and 7.50% C)  11.88% and 16.00% D)  7.50% and 10.00%
The company's desired rate of return is 10%. Income is defined as operating income.
What are the respective return-on-investment ratios for the North and South Divisions?


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