A business generates a net profit of $124 million and its return on capital is 12.5%.Calculate the total capital invested into the business.
A)$992 million
B)$860 million
C)$740 million
D)$668 million
E)$532 million

Question

Quizplus · Accepted Answer

To find the total capital invested, divide the net profit by the return on capital percentage: $124 million / 12.5% = $992 million.

A Business Generates a Net Profit of $124 Million and Its