You are tasked with choosing which of two divisions get funding for their project. Division A claims their project will have an ROE of 17%, while Division B claims their project will have an ROE of 15%. Your boss hints that he would like you to choose Division A based on their higher ROE. Is this the right decision? Explain in detail why or why not.

Answer rating: 100% (QA)

Answer I While Return on Equity ROE is a crucial financial met... View the full answer