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Mycrux Company Had the Following Information What Is the Return on Investment of Mycrux Company? (Round

question 80

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Mycrux Company had the following information:  Asset base in Mycrux Company $987,500 Net income in Mycrux Company $105,700 Weighted average cost of capital 12% Target retum on investment (ROI)  15% Margin for Mycrux Company 20%\begin{array}{lr}\text { Asset base in Mycrux Company } & \$ 987,500 \\\text { Net income in Mycrux Company } & \$ 105,700 \\\text { Weighted average cost of capital } & 12 \% \\\text { Target retum on investment (ROI) } & 15 \% \\\text { Margin for Mycrux Company } & 20 \%\end{array} What is the return on investment of Mycrux Company? (Round the answer to two decimal places.)


Definitions:

Sodium Ions

Positively charged ions of sodium, essential for the electrical signals in the nervous system and for regulating body fluids.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response; it affects mood, attention, and other bodily processes.

Calcium Ions

Positively charged atoms of calcium that play essential roles in biological processes such as bone formation, muscle contraction, and blood clotting.

Cortisol

A hormone released by the adrenal glands when a person is under stress.

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