Determine the October 20xx ROI (Rounded to Two Decimal Places)for

question 106

Multiple Choice

Determine the October 20xx ROI (rounded to two decimal places) for an investment center with the following information: $\begin{array}{lr}\text { Assets at September } 30,20 \mathrm{xx} & \$ 20,000,000 \\\text { Assets at October } 31,20 \mathrm{xx} & 22,000,000 \\\text { Assets at October } 15,20 \mathrm{xx} & 18,595,000\end{array}$


$\text { Operating income for the month ended October } 31,20 \mathrm{xx} \quad 5,000,000.0$ Operating income for the month ended October 31,20xx 5,000,000.0

• A) 25.8 percent
• B) 21.8 percent
• C) 23.8 percent
• D) 27.8 percent

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Definitions:

Results-Based Methods

Evaluation techniques focused on outcomes or achievements rather than the process, used to ascertain the effectiveness of a program or project.

Management by Objectives

A strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

Behavioural Methods

Approaches used to study and understand human behaviour, often through observation, interviewing, and survey methods in various settings.

Productivity Measures

Productivity measures are metrics used to evaluate the efficiency and effectiveness of production processes, often expressed in terms of output per unit of input.