NUBD Division reported a residual income of P200,000 for the year just ended. The divisi had P8,000,000 of invested capital and P1,000,000 of income. On the basis of this inform the required rate of return was: (round-off to 1 decimal places) *

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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31

NUBD Division reported a residual income of P200,000 for the year just ended. The division
had P8,000,000 of invested capital and P1,000,000 of income. On the basis of this information,
the required rate of return was: (round-off to 1 decimal places) *
Sample format: 11.1%
Transcribed Image Text:NUBD Division reported a residual income of P200,000 for the year just ended. The division had P8,000,000 of invested capital and P1,000,000 of income. On the basis of this information, the required rate of return was: (round-off to 1 decimal places) * Sample format: 11.1%
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