Answer the following questions using the information below:
Ruth Cleaning Products manufactures home cleaning products. The company has two divisions, Bleach and Cleanser. Because of different accounting methods and inflation rates, the company is considering multiple evaluation measures. The following information is provided for 20X5:
The company is currently using a 15% required rate of return.
-What are Bleach's and Cleanser's return on investment based on book values, respectively?
A)0.22; 0.67
B)0.42; 0.52
C)0.52; 0.42
D)0.67; 0.22

Question

Answer the following questions using the information below:
Ruth Cleaning Products manufactures home cleaning products. The company has two divisions, Bleach and Cleanser. Because of different accounting methods and inflation rates, the company is considering multiple evaluation measures. The following information is provided for 20X5:
  The company is currently using a 15% required rate of return.
-What are Bleach's and Cleanser's return on investment based on book values, respectively?
A)0.22; 0.67 
B)0.42; 0.52 
C)0.52; 0.42 
D)0.67; 0.22

Quizplus · Accepted Answer

The Answer of Answer the following questions using the information below:
Ruth Cleaning Products manufactures home cleaning products. The company has two divisions, Bleach and Cleanser. Because of different accounting methods and inflation rates, the company is considering multiple evaluation measures. The following information is provided for 20X5:
  The company is currently using a 15% required rate of return.
-What are Bleach's and Cleanser's return on investment based on book values, respectively?
A)0.22; 0.67 
B)0.42; 0.52 
C)0.52; 0.42 
D)0.67; 0.22

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