Question
Question 25 The East division of Yuli Pty Ltd has a net profit of $528,000 and a residual income of $230,000. If a rate of
Question 25
The East division of Yuli Pty Ltd has a net profit of $528,000 and a residual income of $230,000. If a rate of 10.5 per cent is used as the imputed interest rate, calculate the division's return on investment. (Round the final answer to a whole number.)
| a. | None of the answers. | |
| b. | 17% | |
| c. | 22% | |
| d. | 23% | |
| e. | 19% |
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
