ACCA每日一小考答案公布加解析 8-23

ACCA每日一小考答案公布加解析 8-23


A company has two divisions X and Y which are both considering new investments costing $100,000. The company's cost of capital is 12%. The project being considered by X will produce a net annual return of $15,000, that being considered by Y will produce a net annual return of $11,000. Currently, the divisions are appraised by Return on Investment; X is achieving 17% and Y 9%.

The company as a whole will benefit if:


A. Only X's project is done.
B. Both projects are done.
C. Neither project is done.
D. Only Y's project is done.

正确答案：A


答案解析：


The correct answer is: Only X's project is done.


The company as a whole will benefit if projects returning more than the cost of capital (12%) are done. Thus X's project should be done, Y's should not.