Question
The following information is available for Viva Co. for the month of June: Sales $450,000 Net profit $8,000 Total assets $500,000 Stockholders equity $200,000 Cost
The following information is available for Viva Co. for the month of June:
Sales $450,000
Net profit $8,000
Total assets $500,000
Stockholders equity $200,000
Cost of capital 6%
Calculate the ROI and residual income.
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Auditing For Dummies
Authors: Maire Loughran
1st Edition
0470530715, 978-0470530719
