Essay
Raymer Incorporated has just formed a new division and the following four investment opportunities are available to the division. The firm requires a minimum return of 20 percent.
a. If you were the division manager and your evaluation was based on ROI, which investment opportunities would you accept?
b. If your evaluation was based on RI, which investment opportunities would you accept?
c. If you were president, which projects would you want the division to accept and which performance measure would you use to encourage this action?
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