For the period just ended, Trek Corporation's Trailer Division reported profit of $54 million and invested capital of $450 million. Assuming an imputed interest rate of 10%, which of the following choices correctly denotes Trailer's return on investment (ROI) and residual income?  ROI Residual IncomeA.12.0% $9 millionB.12.0% $(9 million)C.10.0% $9 millionD.$9 million 12%E.None of the answers is correct.

A. Choice A
B. Choice B
C. Choice C
D. Choice D
E. Choice E


Answer: A

Business

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What will be an ideal response?

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Fill in the blank(s) with the appropriate word(s).

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