In 2012,Wishbone Corporation Had an Operating Profit of $750,000 and a Residual

question 2

Multiple Choice

In 2012,Wishbone Corporation had an operating profit of $750,000 and a residual income of $300,000.If Wishbone's 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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