Jaymes Corporation produces high-performance rotors. It expects to produce 75,00

Question

Jaymes Corporation produces high-performance rotors. It expects to produce 75,000 rotors in the coming year. It has invested $13,928,571 to produce rotors. The company has a required return on investment of 14%. What is its ROI per unit?

Brief Exercise 8-3 Jaymes Corporation produces high-performance rotors. It expects to produce 75,000 rotors in the coming year. It has invested $13,928,571 to produce rotors The company has a required return on investment of 14%. What is its ROI per unit? (Round answer to the nearest whole dollar, e.g. 25) ROI per unit s LINK TO TEXT

Explanation / Answer

its ROI = invested $13,928,571*return on investment of 14%=1,950,000

its ROI per unit=1,950,000/75,000=$26 per unit

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