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% Which was the more successful division during the year? Think carefully about this, and explain your answer.

Answer rating: 100% (QA)

To determine which division was more successful we should consider the R... View the full answer