White Hills Ltd reported a return on investment of 12 per cent, a capital turnover of 5 and income of $180 000. What was the company's invested capital?
A) $300 000
B) $900 000
C) $1 500 000
D) $7 500 000

Question

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The Answer of White Hills Ltd reported a return on investment of 12 per cent, a capital turnover of 5 and income of $180 000. What was the company's invested capital?
A) $300 000
B) $900 000
C) $1 500 000
D) $7 500 000

White Hills Ltd Reported a Return on Investment of 12