Multiple Choice
A firm has an average investment of $10,000 during the year.During the same time,the firm generates after-tax income of $2,000.
If the cost of capital is 15%,what is the net return on the investment?
A) 5%
B) 20%
C) 15%
D) 10%
Correct Answer:
Verified
Correct Answer:
Verified
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