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Question 18 A company is selling Toyota cars. An Islamic bank invests USD 12 million for a 60% profit share. The investor invests USD 3
Question 18
"A company is selling Toyota cars. An Islamic bank invests USD 12 million for a 60% profit share. The investor invests USD 3 million for a 40% profit share. The sale proteeds in the first year of operations is USD 12,400,000. Ignore any management fees and expenses. Answer the following: What is the total return for each party? How would your answer change if the sale proceeds are less by 60%"
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