Residual Income
Posted by JohnGGResidual income means the income received from time to time for something you did in the past. This also means income from work done by other people under you in a network. This is general related to network marketing and Multi Level Marketing. All the network companies use this term to market their concept to the [...] This entry was posted on Tuesday, October 6th, 2009 at 1:57 pm and is filed under Free MLM Leads, MLM Leads Rss, Network Marketing.
MLM Training. Lead Generation & Marketing Systems Part 1
Categories: mlm lead generation
Residual Income?
The company had $360,000 in total assets and $94,000 in operating profit this year, and the company requires at least a 12% return on assets. Compute the company’s residual income.
my company has a billion a year, a credit of 5A1, from brad and dunn, and they actually do pay. once you get into the higher ranks, (gold), they buy you a car, upwards, a house, a double diamond a million bucks. can’t beat that
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I think the answer is : 31 920
(Total assets – Operating profit) * 12%
=(360 000 – 94 000) * 12%
= 266 000 * 12%
=31 920
(You’d better check though. Doesn’t your Question bank come with answers too?)
References :
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