Question: Mobile Services Inc. provides wireless communications services to a variety of customers. The following information relates to the companys investments in SAS in 2015 and
Mobile Services Inc. provides wireless communications services to a variety of customers. The following information relates to the company€™s investments in SAS in 2015 and 2014:
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Required:
1. Compute the economic return from investing ratio for 2015.
2. What do the results in requirement (1) suggest about Mobile Services?
2015 2014 (in thousands of dollars) Investment portfolio $1,328 $1,538 Investment income 282 211
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