This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Beverage Division of Natural Foods Corporation had sales of $4,200,000 and operating income of ... (Read 43 times)

colton

  • Hero Member
  • *****
  • Posts: 627
on: Jan 5, 2020
The Beverage Division of Natural Foods Corporation had sales of $4,200,000 and operating income of $840,000 last year.  The total assets of the Beverage Division were $1,680,000, while current liabilities were $360,000.  Natural Foods Corporation's target rate of return is 9%, while its weighted average cost of capital is 7%.  The effective tax rate for the company is 40%.


What is the Beverage Division's profit margin?
◦ 20.00%
◦ 50.00%
◦ 8.57%
◦ 250.00%
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by colton on Jan 5, 2020

samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


colton

  • Member
  • Posts: 627
Reply 2 on: Jan 5, 2020
Excellent

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Natural Causes of Climate Change Natural Causes of Climate Change
Evidence of natural selection: Canis lupus familiaris Evidence of natural selection: Canis lupus familiaris
Determination of Income Inequality Determination of Income Inequality
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
Reproductive Cell Division: Meiosis I Reproductive Cell Division: Meiosis I
Reproductive Cell Division: Meiosis II Reproductive Cell Division: Meiosis II
Video: Pneumonia Animation

For a complete list of videos, visit our video library