Question
If a company requires $20,000 of Investment and brings in $4,000 of Profit what is the percent estimate for Return On Investment based on a
If a company requires $20,000 of Investment and brings in $4,000 of Profit what is the percent estimate for Return On Investment based on a shortcut formula for ROI = Profit/Investment.
If the same company above borrows $6,000 at 5%, instead of Financing itself 100% with equity, what is the new Return on Investment?
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Financial Management An Introduction
Authors: Jim McMenamin
1st Edition
0415181623, 9780415181624
