A Firm Produces $65 Million of Net Income on $2,030

Multiple Choice

A firm produces $65 million of net income on $2,030 million of assets.Given that investors expect a 5% return,what is the economic profit?

A) -$65.0 million
B) -$36.5 million
C) $32.6 million
D) $65.1 million65/2030 = .032.