Solution-What was the project residual income

What was the project residual income

Reference no: EM133160394

Question - The management of Cooke Industries obtained the following information about the performance of a major investment project.

Revenues $300,000

Average Operating Assets $400,000

Net Operating Income $40,000

Desired ROI 10%

Required - What was the project residual income?

Reference no: EM133160394

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What was the project residual income

Reference no: EM133160394

Reference no: EM133160394

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