Answer the following questions using the information below:
The Bandage Medical Supply Company has two divisions that operate independently of one another.The financial data for the year 2017 reported the following results:
The company's desired rate of return is 10%.Profit is defined as operating profit.
-Another name for 'return-on-investment' is the:
A) residual income.
B) accounting rate of return.
C) internal rate of return.
D) net present value.
Correct Answer:
Verified
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