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Question 4: Wild River Rafting Company sells outdoor gear. For 2020, Wild River prepares a...

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Accounting

Question 4: Wild River Rafting Company sells outdoor gear. For 2020, Wild River prepares a forecast that includes the following: 2020 Projected Sales $1,000,000 2020 Projected Net Operating Income $40,000 2020 Projected Average Operating Assets $400,000 Wild River believes that by selling some surplus store equipment that Wild River could reduce projected average operating assets by $80,000. If Wild River was able to reduce average operating assets by $80,000, what would be Wild Rivers return on Investment?

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