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Problem:

A firm has an average investment of $1000 during the year. During the same time the firm has an after tax earnings of $150.

Requirement:

Question: If the cost of capital is 10%, what is the net return on investment?

Note: Please answer in proper manner and show all computations

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91168044

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