Early in january 2010 tellco inc acquired a new machine and

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Early in January 2010, Tellco, Inc., acquired a new machine and incurred $100,000 of interest, installation, and overhead costs that should have been capitalized but were expensed. The company earned net operating income of $1,000,000 on average total assets of $8,000,000 for 2010. Assume that the total cost of the new machine will be depreciated over 10 years using the straight-line method. Calculate the ROI for Tellco, Inc., for 2010.

Reference no: EM13604512

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