Investment Center XYZ had the following results as of 12/31/2023: ABCs hurdle rate is 16%

CONTROLLABLE REVENUE	$6,000,000
CONTROLLABLE COST	2,000,000
CONTROLLABLE ASSETS	8,000,000
CONTROLLABLE INCOME	?

20. What is XYZs Return on Investment (ROI)?

a. 30%

b. 50%

c. 70%

d. 10%

21. What is XYZs margin (rounded off)?

a. 37%

b. 47%

c. 57%

d. 67%

22. What is XYZs turnover?

a. .75

b. .65

c. .55

d. .45

What is XYZs Residual Income (RI)?

a. $2,520,000

b. $2,620,000

c. $2,720,000

d. $2,820,000