The Gold Division of the Currency Company has net income in the amount of $500,000, an average total asset base of $3,000,000 and residual income of $50,000. The imputed interest would be
A) 20%
B) 15%
C) 10%
D) 5%

Question

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The Answer of The Gold Division of the Currency Company has net income in the amount of $500,000, an average total asset base of $3,000,000 and residual income of $50,000. The imputed interest would be
A) 20%
B) 15%
C) 10%
D) 5%

The Gold Division of the Currency Company Has Net Income