Al-Murooj) company wants to buy a property worth (190000 dinars). I paid a first payment (35,000 dinars) and got the rest as a loan from the bank, and a fee of (5,500) was paid) (I got leases worth (20000) and the annual installment of the bank (9000 ?Calculate Simple Cash Return % 25 % 2.6 % 27.16 % 71.6

Simple cash return = Annual Net Cashflow / Total cash invested

Annual Net Cashflow = Annual Lease - Annual Installment of the bank

Annual Lease = 20,000 | Annual Installment = 9,000

Annual Net Cashflow = 20,000 - 9,000 = 11,000

Total Cash invested = Downpayment + Fees paid

Downpayment = 35,000 | Fees = 5,500

Total Cash Invested = 35,000 + 5,500 = 40,500

Putting values, Simple cash return = 11,000 / 40,500

Hence, Simple cash return = 27.16% which is 3rd option among the given choices.