Multiple Choice
For Echuca Ltd sales are $1 500 000, profit is $90 000, invested capital is $450 000 and the interest rate is 8 per cent. What is the residual income for the year?
A) ($30 000)
B) $54 000
C) $82 800
D) $36 000
Correct Answer:
Verified
Correct Answer:
Verified
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