Calculate the ROI and RI for each of the following segments and determine if a segment should be dropped based on
RI. Assume we want a desired minimum income of 10%.
Segment 1 Segment 2 Segment 3
Income $ 180,000 $ 1,000,000 $ 500,000
Investment 2,000,000 5,000,000 2,000,000
return on investments is calculated by the formula income divided by investment multiplied by 100... View the full answer