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Sun Shine corporations has a capital of RO 200,000 and the net profit of the year is RO 20,000. The Return on Investment of the
Sun Shine corporations has a capital of RO 200,000 and the net profit of the year is RO 20,000. The Return on Investment of the similar company in the market is 12.5%. If the company appoints Mr. Hafedh as a production head, it is expected that the profits will increase by RO 3000 over and above the target profit. The maximum bid price for Mr. Hafedh and the maximum salary that could be offered to him is: a. RO 89,000 and RO 11,000 b. RO 80,000 and RO 8000 O C. RO 64,000 and RO 8,000 O d. None of the options are correct
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