Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins

تمرين 10

Felton Co. produces rubber bands for commercial and home use. Felton reported $1 million residual income (RI) with $20 million net book value (NBV) of assets and $5 million in operating income for the year. What was the required rate of return