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Hi
Kind put me through for this question.
Is divisional performance :
A new Co. has non-current assets of $460,000 which will be deprecated to nil on a straight line basis over 10 yrs. Net current assists will consistently be $75000, and annual profit will consistently be $30,000. ROI is measured as return on net assets.
Required :
Calculate the Co. ROI in years 2 and 6.
Please show workings.
