Answer the following questions using the information below:
Care Inc., has two divisions that operate independently of one another. The financial data for the year 2015 reported the following results:
The company's desired rate of return is 10%. Income is defined as operating income.
-What are the respective return-on-investment ratios for the North and South Divisions?
A) 10.00% and 15.00%
B) 11.71% and 14.00%
C) 10.71% and 12.00%
D) 12.50% and 15.00%
Correct Answer:
Verified
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