Chapter 23. Q23.9 at back of chapter.

Discussion in 'ST3' started by Leala, Aug 27, 2008.

  1. Leala

    Leala Member

    How are the 'investment return' figures calculated? Year 1 = n/a. Year 2 = 8.8% for example for Co.A - how are these found?
     
  2. Ian Senator

    Ian Senator ActEd Tutor Staff Member

    total income divided by average assets.

    eg: 8.8%=(81+28)/0.5(1215+1263)
     

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