Wryski corporation had net operating income of 150000 and, Ask an Expert

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Wryski Corporation had net operating income of $150,000 and average operating assets of $500,000. The company requires a return on investment of 19%. Required: i. Calculate the company's current return on investment and residual income. ii. The company is investigating an investment of $400,000 in a project that will generate annual net operating income of $78,000. What is the ROI of the project? What is the residual income of the project? Should the company invest in this project?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9944476

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