Beach Road Foods calculated the following ROIs for two potential investments.Beach Road's required rate of return is 10%. $$\begin{array} { l r }
\text { Investment A } & 11.5 \% \
\text { Investment B } & 9.5 \%
\end{array}$$ Which of the following should Beach Road choose?

Question

Beach Road Foods calculated the following ROIs for two potential investments.Beach Road's required rate of return is 10%. $$\begin{array} { l r } 
\text { Investment A } & 11.5 \% \
\text { Investment B } & 9.5 \%
\end{array}$$ Which of the following should Beach Road choose?

Quizplus · Accepted Answer

Investment A has a higher ROI than the required rate of return, so it should be chosen.

Beach Road Foods Calculated the Following ROIs for Two Potential Investment A 11.5% Investment B 9.5%\begin{array} { l r } \text { Investment A } & 11.5 \% \\\text { Investment B } & 9.5 \%\end{array} Investment A Investment B ​11.5%9.5%​

Beach Road Foods Calculated the Following ROIs for Two Potential $\begin{array} { l r } \text { Investment A } & 11.5 \% \\\text { Investment B } & 9.5 \%\end{array}$