Rate of return on investment for espinosa
Question:
Espinosa Corporation had $220,000 in invested assets, sales of $242,000, income from operations amounting to $48,400. and a desired minimum rate of return of 3%. The rate of return on investment for Espinosa is what %?
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Income from operations amounting to $48,400 and a desired minimum rate of return of 3%. The rate of return on investment for Espinosa is what %?
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