Antique Corp uses the investment center concept for the museums that it manages. Selected operating data for three of its museums for 2015 are as follows:
Required:
a.Compute the return on investment for each division.
b.Which museum manager is doing best based only on ROI? Why?
c.What other factors should be included when evaluating the managers?
Definitions:
Rapid Closure
The quick resolution or conclusion of a situation, project, or procedure.
Power Struggles
Conflicts or competitions between individuals or groups seeking to gain control or influence over others within an organization or society.
Instant Messaging
A form of online communication that allows users to exchange text messages in real time over the internet.
Presence Functionality
A feature in telecommunications and computing that provides the ability to see the current status of other users, such as available, busy, or offline.
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