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KKK ltd. has a controllable margin of Sh.150,000 on revenues of Sh.1,000,000. Average invested assets were Sh.600,000. KKK shareholders requires a 15% minimum rate of
KKK ltd. has a controllable margin of Sh.150,000 on revenues of Sh.1,000,000. Average invested assets were Sh.600,000. KKK shareholders requires a 15% minimum rate of return. What is the Residue Income (RI)?
a.Sh.0
b.Sh.450,000
c.Sh.150,000
d.Sh.60,000
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