Question
The management of Dakota Industries obtained the following information about the performance of a major investment project. Revenues= $200,000 Average of Operating Assets= $300,000 Net
The management of Dakota Industries obtained the following information about the performance of a major investment project.
Revenues= $200,000
Average of Operating Assets= $300,000
Net Operating Assets= $30,000
Desired ROI= 10%
The Project's residual income was?
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Managerial accounting
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
1st edition
471467855, 978-0471467854
