The Information Below Is Provided by Sparkling Clean Supplies Limited

question 26

Multiple Choice

The information below is provided by Sparkling Clean Supplies Limited.
$$\begin{array} { l r } \text { Sales } & \$ 600000 \\\text { Operating profit } & 42000 \\\text { Average operating assets } & 240000 \\\text { Equity } & 150000 \\\text { Minimum required rate of return } & 15 \%\end{array}$$ Calculate the residual profit.

• A) $4 800
• B) $8 000
• C) $6 000
• D) $9 500

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Definitions:

Social Entrepreneurship

The process of sourcing innovative solutions to social and environmental problems.

Venture Philanthropy Funding

A combination of financial assistance such as grants with a high level of engagement by the funder.

Financial Assistance

Monetary support provided by governments, organizations, or individuals to help cover expenses, often aimed at fostering growth, development, or relief.

Impact-Investment Fund

A fund invested with the intention to create positive, measurable social and environmental impact alongside a financial return.