Question
47. A property was purchased for $116,000. The investor put in $30,000 cash to get the property. It has net income after tax of $2,400.
47. A property was purchased for $116,000. The investor put in $30,000 cash to get the property. It has net income after tax of $2,400. What is the after tax of ROI or Cash and Cash in return?
(A) 3.87%
(B) 8.00%
(C) 48.33%
(D) 12.50%
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
8th Edition
0618471421, 9780618471423
