The current controllable margin for Henry Division is $33000. Its current operating assets are $300000. The division is considering purchasing equipment for $90000 that will increase annual controllable margin by an estimated $3000. If the equipment is purchased, what will happen to the return on investment for Henry Division?
Before Investment return on Investment =33000/300000... View the full answer
- Rounded off 1.77% = 1.8%
- Apr 04, 2018 at 1:46am
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Return on investment simply means that how much one can earn from a specific investment. For example you bought a share for... View the full answer