If the average invested capital is $300 000 and the target return on investment is 20 per cent, what is the target profit?

Name: If the average invested capital is $300 000 and the target return on investment is 20 per cent, what is the target profit?
Brand: Quizplus
Rating: 4.7 (46 reviews)

Question

Quizplus · Accepted Answer

The target profit can be calculated as follows:
Target profit = Average invested capital x Target return on investment
Target profit = $300,000 x 20% = $60,000
Therefore, the answer is B, $60,000.

If the Average Invested Capital Is $300 000 and the Target