The Basketball Division of Thunder Sports Enterprises reported the following financial data for the year: Assets available for use $1,200,000 Book Value $1,500,000 Market Value Residual income $108,000 Return on investment 14% Refer to Thunder Sports Enterprises. If expenses increased by $15,000 in the Basketball Division,
a. return on investment would decrease.
b. residual income would increase.
c. the target rate of return would decrease.
d. asset turnover would decrease.
A
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