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Given the following data: Return on investment 35% Turnover 2.9 Margin 11% Sales $140,000 Average operating assets $44,000 Minimum required rate of return 18% The
| Given the following data: |
| Return on investment | 35% |
| Turnover | 2.9 |
| Margin | 11% |
| Sales | $140,000 |
| Average operating assets | $44,000 |
| Minimum required rate of return | 18% |
| The residual income would be: |
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African Charter For Internal Audit Of Cooperative Governance
Authors: Donfack MEKONTCHOU ROCHE
1st Edition
6205541777, 978-6205541777
