Question: Please explain every step carefully and easy to understand. Thank you. 4) Indigo Corp. has an ROI of 15% and a residual income of $10,000.

Please explain every step carefully and easy to understand. Thank you.

4) Indigo Corp. has an ROI of 15% and a residual income of $10,000. If operating income equals $30,000, what is the hurdle rate? A) 10% B) 15% C) 33.3% D) 18.3%

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