Use the information below to answer the following question(s).
Berger Publishing has two divisions which operate autonomously. Their results for the past year were as follows:

The company's desired rate of return is 15%.
-What are the respective return on investment ratios for the Toronto and Vancouver divisions?
A) 0.04; 0.58
B) 0.31; 0.47
C) 0.38; 0.40
D) 0.77; 1.25
E) 0.38; 0.45

Question

Use the information below to answer the following question(s).
Berger Publishing has two divisions which operate autonomously. Their results for the past year were as follows:
  
The company's desired rate of return is 15%.
-What are the respective return on investment ratios for the Toronto and Vancouver divisions?
A) 0.04; 0.58 
B) 0.31; 0.47 
C) 0.38; 0.40 
D) 0.77; 1.25 
E) 0.38; 0.45

Quizplus · Accepted Answer

The Answer is B

Use the Information Below to Answer the Following Question(s)