Question
uestion 33 XuangZhi Enterprise Ltd reported a profit of $250,000, an investment turnover of 5.5, and a return on investment of 12.5 per cent. Based
uestion 33
XuangZhi Enterprise Ltd reported a profit of $250,000, an investment turnover of 5.5, and a return on investment of 12.5 per cent. Based on this information, XuangZhi 's invested capital is ______________.
| a. | $900,000 | |
| b. | $2,000,000 | |
| c. | None of the answers. | |
| d. | $20,000 | |
| e. | $1,500,000 |
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jeff Jones
3rd Edition
1285424409, 978-1285423678
