Comparing the Performance of Two Divisions (LO 2, 4)
Long Beach Pharmaceutical Company has two divisions, which reported the following results for the most recent year.
| Division I | Division II |
Income | $ 900,000 | $ 200,000 |
Average invested capital | $6,000,000 | $1,000,000 |
ROI | 15% | 20% |
Required: Which was the more successful division during the year? Think carefully about this, and explain your answer.
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