[willahern]

@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%
There was this answer?

This was a trick. Was cash purchase of the new asset so no net increase as PPE increases Cash decreases. Assets were increased by 10 k only to 1, 010 k

[willahern]

Cant recall the exact number but I would have thought provision of 50% of the fraud figure was required to be removed from the receivables. If you didnt do this you probably still balanced if you also excluded the provision cost from the P&L?

Not sure if I was right but I charged 50% of this years fraud to P&L and removed 50% of last years fraud from retained earnings as a charge to previous years earnings!!

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