For the past year, the return on investment was?

A) 25.00%
B) 15.75%.
C) 31.25%.
D) 20.50%.

Residual Income

The net income that an investment or business generates above the minimum required return, often used in performance evaluation.

Net Operating Income

The total profit of a company after operating expenses are subtracted from gross income, but before taxes and interest are deducted.

Average Operating Assets

The average value of the resources used in the operations of a business, calculated over a certain period.