sales 4500000min required return 15avg operating


Sales= 4,500,000
Min required return= 15%
Avg Operating assets= 1,800,00
Residual Income= 90,000

!) Whats the company's return on investments?
Please show work so I can see how to solve it, thanks!

 

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: sales 4500000min required return 15avg operating
Reference No:- TGS0410005

Expected delivery within 24 Hours