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    Rate of return on investment

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    Espinosa Corporation had $220,000 in invested assets, sales of $242,000, income from operations amounting to $48,400. and a desired minimum rate of return of 3%. The rate of return on investment for Espinosa is what %?

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    https://brainmass.com/business/modified-internal-rate-of-return/rate-return-investment-45172

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    Espinosa Corporation had $220,000 in invested assets, sales of $242,000, income from operations amounting ...

    Solution Summary

    The solution calculates rate of return on investment.

    $2.19

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