Gold Enterprises reports the following information. Year 7 Year 6 Cash (7) $8,640 (6) $8,480 Operating assets
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Question:
Gold Enterprises reports the following information.
Year 7 Year 6
Cash
(7) $8,640 (6) $8,480
Operating assets
(7) $14,800 (6) $15,040
Operating liabilities
(7) $11,280 (6) $11,840
Net operating profit after tax
(7) $8,160 (6) $8,240
Weighted average cost of capital
(7) 6.0% (6) 6.0%
What is the company's residual operating income (ROPI) for Year 7?
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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