All of the following terms are synonyms for relevant costexcept:

Incremental cost

Sunk cost

Differential cost

Avoidable cost

Use the following selected financial data to calculate the return on equity for XWV Company. You may use Appendix A of the textbook to locate the formulas, pgs. 269-271. Net sales$900,000 Cost of goods sold 450,000 Operating expenses 90,000 Net income 280,000 Total assets 1,000,000 Total liabilities 860,000

28.0%

20.0%

200.0%

50.0%