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Please use the following small case to answer the next two (2) questions Rover Satellites manufactures navigation systems for rockets that are used for the
Please use the following small case to answer the next two (2) questions Rover Satellites manufactures navigation systems for rockets that are used for the launching of satellites. The company's Software Business Division reported the following results for the past year: Profit Sales Revenue Invested Capital $ 500,000 4,000,000 5,000,000 The company's required return is 9 per cent 11. What is Rover Satellites Return on Investment? a. 10% b. 100% C. 8% d. 5% Provide your justification below: 12. What is Rover Satellites Residual Income? a. $4,000,000 b. $50,000 C. $500,000 d. $200,000 Provide your justification below
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