Question
Q13 The Assembly division of Rach Ltd has a net profit of $674519 and a residual income of $286763. If a rate of 12.24 per
Q13
The Assembly division of Rach Ltd has a net profit of $674519 and a residual income of $286763. If a rate of 12.24 per cent is used as the imputed interest, calculate the division's return on investment (ROI). (Present the final answer as a percentage to 2-decimal places.)
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
