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Author Question: Selected financial data for The Plastic Lumber Company's Outdoor Furniture Division is as ... (Read 40 times)

K@

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Selected financial data for The Plastic Lumber Company's Outdoor Furniture Division is as follows:

Sales $2,100,000
Operating income $420,000
Total assets $1,050,000
Current liabilities $200,000
Target rate of return12%
Weighted average cost of capital10%


What is The Plastic Lumber Company's Outdoor Furniture Division profit margin?
◦ 9.52%
◦ 40.00%
◦ 20.00%
◦ 200.00%


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Marked as best answer by K@ on Jan 5, 2020

Chelseyj.hasty

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K@

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Reply 2 on: Jan 5, 2020
Great answer, keep it coming :)


phuda

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Reply 3 on: Yesterday
Wow, this really help

 

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