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Foz Co. is considering four investment proposals (A, B, C, and D). The following table provides data concerning each of these investments: Compute the missing
Foz 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. Omit the "$" & "%" signs in your response.) |
A | B | C | D | |||||||||
Investment cost | $ | 58,000 | $ | 35,000 | $ | 51,600 | $ | |||||
Estimated salvage value | 6,000 | 5,000 | 2,000 | |||||||||
Average estimated net income | 5,000 | 5,650 | 4,500 | |||||||||
Return on average investment | % | 22 | % | 20 | % | 15 | % | |||||
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