Calculate ROI,residual income,and EVA for each of the investment centers listed.(Round to two decimal places. )
Definitions:
Confirmation Bias
The inclination to seek out, understand, prefer, and remember details in a manner that validates one's existing opinions or theories.
Sunk Cost Effect
The phenomenon where a person continues an endeavor because of previously invested resources (time, money, or effort), despite potential losses.
Availability Heuristic
The availability heuristic is a mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.
Confirmation Bias
Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses.
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