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Exercise 26.3 (Algo) Understanding Return on Average Investment Relationships (LO26-1, LO26-3) For Co. is considering four investment proposals (A, B, C, and D). The following
Exercise 26.3 (Algo) Understanding Return on Average Investment Relationships (LO26-1, LO26-3) For Co. is considering four investment proposals (A, B, C, and D). The following table provides data concerning each of these investments. Compute the missing information pertaining to each investment proposal. (Round your percentage answer to 1 decimal place (1.e., 0.123 to be entered as 12.3).) D Investment cost $ 60,000 40,000 S 48 400 Estimated salvage value 6,000 5,000 2,000 Average estimated net income 8,000 5,450 4.500 Return on average investment 16 20 25
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