Consider the following Scenario B:
Purchase Price: $530,000
Amount of funds borrowed: 85%
Net income before taxes: $1,643
Remaining After Tax Cash Flow From Operations: $24,447
Total Return: $28,600
calculate:
a. Amount financed (round to nearest dollar)
b. Amount of equity (round to nearest dollar)
c. Net Income Return on Investment (round to nearest 10th of a percen)
d. Cash Return on Investment (round to nearest 10th of a percent
e. Total Return on Investment (round to nearest 10th of a percent)