A company has capital employed of $200,000. It has a cost of capital of 12% per cent

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A company has capital employed of $200,000.
It has a cost of capital of 12% per cent per year. Its residual income is $36,000.
What is the company’s return on investment?

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Management And Cost Accounting

ISBN: 9781473773615

11th Edition

Authors: Mike Tayles, Colin Drury

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