Use the information below to answer the following question(s).
The following data are available for a foundry operation started as a new company four years ago when the construction cost index was 125:
* = "of long-term assets at historical cost"
-What is the ROI using current cost?
A) (11.50)%
B) 16.00%
C) 22.5%
D) 12.00%
E) 11.25%

Question

Use the information below to answer the following question(s).
The following data are available for a foundry operation started as a new company four years ago when the construction cost index was 125:
  * = "of long-term assets at historical cost"
-What is the ROI using current cost?
A) (11.50)% 
B) 16.00% 
C) 22.5% 
D) 12.00% 
E) 11.25%

Quizplus · Accepted Answer

148,700/660,000 = 22.5%

Use the Information Below to Answer the Following Question(s)