Question: Use two different methods to calculate ROI given the following information for Brandon Corp. Sales = $500,000; Cost of goods sold = $100,000; Interest cost

Use two different methods to calculate ROI given the following information for Brandon Corp. Sales = $500,000; Cost of goods sold = $100,000; Interest cost $22,500; TC = 40%. The firm’s debt (B = $300,000) accounts for 25 percent of the invested capital. After-tax cost of debt is 4.5 percent.

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