Solved

Recreation Equipment Company Has Several Divisions That Are Investment Centers

Question 88

Multiple Choice

Recreation Equipment Company has several divisions that are investment centers.Data for the Boat Division and the Trailer Division are shown here: Recreation Equipment Company has several divisions that are investment centers.Data for the Boat Division and the Trailer Division are shown here:   Which of the following statements would be the most meaningful interpretation of this data? A) The Boat Division's performance is better than that of the Trailer Division because it has higher assets. B) The Boat Division uses its assets less efficiently than the Trailer Division because it has a lower ROI. C) The Boat Division shows a more efficient use of assets than the Trailer Division because it has a higher operating income. D) The Boat Division is financially more successful than the Trailer Division because it shows an increase in assets. Which of the following statements would be the most meaningful interpretation of this data?


A) The Boat Division's performance is better than that of the Trailer Division because it has higher assets.
B) The Boat Division uses its assets less efficiently than the Trailer Division because it has a lower ROI.
C) The Boat Division shows a more efficient use of assets than the Trailer Division because it has a higher operating income.
D) The Boat Division is financially more successful than the Trailer Division because it shows an increase in assets.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents