In 2016,Evans Corporation Had an Operating Profit of $750,000 and a Residual

question 36

Multiple Choice

In 2016,Evans Corporation had an operating profit of $750,000 and a residual income of $300,000.If Evans' cost of capital is 15%,what is the amount of the invested capital?

• A) $5,000,000.
• B) $3,000,000.
• C) $2,000,000.
• D) $1,250,000.

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Definitions:

Verbal Supporting Materials

Information and content that back up or illustrate the points made in spoken or written communication, such as statistics, quotes, or examples.

Purposes

The objectives or aims that an individual, group, or organization seeks to achieve.

Visual Aids

Tools that incorporate visuals, such as charts, graphs, and images, to reinforce or supplement verbal or written information during presentations or communications.

Audience Recall

The ability of an audience to remember and reproduce information or stimuli they have been exposed to after a period of time.