Company A’s revenues are $300 on invested capital of $240. Expenses are currently 70% of sales - 2068

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 Company A’s revenues are $300 on invested capital of $240. Expenses are currently 70% of sales. If Angelo Company can reduce its capital investment by 20% in Company A, return on investment will be _____. 

A.   75% B.   93.75% C.   18.75% D.   46.88% 

 
Solution Description

11) Company A’s revenues are $300 on invested c