[skyspy]

can someone tell me the answer for ROI

[skyspy]

Lily …I guess 15.9 answer is correct
because question says ..they sold net value of 40000 asset for 50000 and replaced another asset costing 250000
so I guess – 1000000- 40000 + 300000
IT SAYS REPLACED THE ASSET SO
50000 is exchanged for the asset …they had to pay 250000 and replaced asset value of sold asset for the new one is 50000 .altogether 3000000
blockquote> @liliyasolo777 said:
ROI:
Profit = 190 000 + 10 000 (net profit from selling asset)
Net assets have been increased to 1 260 000$: 1mln + 250 000 + 10 000 (as increase in net asset from disposal old machine)
ROI = 15.87%

But now I can see that I wrong – It was necessary to deduct 40 000….I forgot((((( I believe that the answer would be ROI = 200/1220 = 16.39%

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