The following information relates to the Cranberry Division of Innovative Bologna Corporation for last year:
-Assume that Cranberry was being evaluated solely on the basis of return on investment (ROI).Which of the following investment opportunities would Cranberry want to invest in?
A)Option A
B)Option B
C)Option C
D)Option D

Question

The following information relates to the Cranberry Division of Innovative Bologna Corporation for last year: 
-Assume that Cranberry was being evaluated solely on the basis of return on investment (ROI).Which of the following investment opportunities would Cranberry want to invest in? 
A)Option A 
B)Option B 
C)Option C 
D)Option D

Quizplus · Accepted Answer

ROI = Net operating income F1F1F1S1F1F1F10 Average operating assets = $60,000 F1F1F1S1F1F1F10 $280,000 = 21.4% (rounded)
Would not invest in any project with an ROI less than 21.4%.

The Following Information Relates to the Cranberry Division of Innovative