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Question
As CFO, you are trying to allocate investment funds across your three-division firm. You observe the revenues last year for Divisions A, B, and C as $1.0 billion, $4.0 billion, and $5.0 billion, respectively. You should therefore allocate investment budgets of 10, 40, and 50 percent, respectively, of the overall firm’s investment budget to Divisions A, B, and C.
Answer
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Related questions
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