If a Division Is Evaluated Using Return on Investment (ROI)without

question 23

Multiple Choice

If a division is evaluated using return on investment (ROI) without regard to how assets are financed,the denominator in the ROI calculation will be:

• A) current assets.
• B) working capital.
• C) total assets available.
• D) total assets employeD.
• Total assets employed takes out the financing.

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