If Average Profit Before Depreciation Is $145 000,annual Depreciation Is

question 65

Multiple Choice

If average profit before depreciation is $145 000,annual depreciation is $20 000 per annum for 5 years and investment at the start of the period is
$1 000 000 and at the end of the period is $200 000,the average rate of return is:

• A)7.5%
• B)0.75%
• C)12.5%
• D)20.8%