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

Author Question: The following data relates to the Miracle Corporation and its Toy Division.Toy Division sales ... (Read 62 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jan 5, 2020
The following data relates to the Miracle Corporation and its Toy Division.

Toy Division sales $8,000,000
Toy Division operating income $480,000
Toy Division total assets $2,000,000
Toy Division current liabilities $600,000
Corporate target rate of return14%
Corporate weighted average cost of capital10%
Corporate effective tax rate30%


What is the Toy Division's Return on Investment (ROI)?
◦ 6%
◦ 30%
◦ 400%
◦ 24%
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 Pea0909berry on Jan 5, 2020

ryhom

  • Sr. Member
  • ****
  • Posts: 366
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


Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

The division of labour in insect societies. The division of labour in insect societies.
tree-ring data tree-ring data
Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
data data
Perform the indicated division (long division polynomials) Perform the indicated division (long division polynomials)
A hypothetical grid of data used in synteny testing A hypothetical grid of data used in synteny testing
Video: Carpal Tunnel Syndrome

For a complete list of videos, visit our video library