Multiple Choice
The Bright Division of the Wingbury Pty Ltd requires a 12% rate of return. During a recent year Grant had a net profit of $400,000 and a residual income of $250,000. What was its ROI?
A) 15%
B) 12%
C) 32%
D) 26%
Correct Answer:
Verified
Correct Answer:
Verified
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