MCQs>Finance & Management>Management Accounting>A company has a capital employed of $200,000. It has a cost of capital of 12% per year. Its residual income is $36,000 What is the company’s return on investment?
Management Accounting MCQs
A company has a capital employed of $200,000. It has a cost of capital of 12% per year. Its residual income is $36,000 What is the company’s return on investment?
Answer
Correct Answer: 30%
Explanation:
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