Residual Income $23000 Operating income 32,342 Cost of Capital 12% What is return on inveretement? Don't round any intermediate calculations. Enter your answer to one decimal place. Do not use commas, percentage or dollar signs.

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter14: Security Structures And Determining Enterprise Values
Section: Chapter Questions
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Residual Income $23000
Operating income 32,342
Cost of Capital
12%
What is return on inveretement?
Don't round any intermediate calculations. Enter your answer to one decimal place. Do not use commas,
percentage or dollar signs.
Transcribed Image Text:Residual Income $23000 Operating income 32,342 Cost of Capital 12% What is return on inveretement? Don't round any intermediate calculations. Enter your answer to one decimal place. Do not use commas, percentage or dollar signs.
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