Solved

Estate Has an ROI of 16% Based on Revenues of $400,000.The

Question 117

Multiple Choice

Estate has an ROI of 16% based on revenues of $400,000.The residual income is $14,000 and the investment turnover is 2.What is the hurdle rate?

A) 16%
B) 8%
C) 9%
D) 18%

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