Which of the following statement(s) is/are true?(A) If a division's return on investment (ROI) exceeds its cost of capital, then its residual income is positive.(B) If a division's cost of capital equals its return on investment (ROI), then its residual income is zero.
A. Only (A) is true.
B. Only (B) is true.
C. Both of these are true.
D. Neither of these is true.
Answer: C
You might also like to view...
Descriptive research is a type of exploratory research that has as its major objective the description of something-usually market characteristics or functions
Indicate whether the statement is true or false
An oral contract for a transfer of an interest in land is never enforceable.
Answer the following statement true (T) or false (F)
ERISA requires that the vested portion of your benefits at your death must
A) be forfeited. B) be applied to the benefits of the surviving employees in the pension plan. C) be used to provide death benefits for your surviving spouse. D) be paid to the Pension Benefit Guaranty Corporation.
Iris received a discharge under a Chapter 7 bankruptcy. She cannot receive another discharge under Chapter 7 for at least A)six years after the prior filing
B)eight years after the prior filing. C)ten years after the prior discharge. D)She cannot file another Chapter 7, but could file a Chapter 11 or 13 bankruptcy.