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

Author Question: Assume the Cell Phone Division of the First Electronics Corporation had the following results last ... (Read 72 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
on: Jan 5, 2020
Assume the Cell Phone Division of the First Electronics Corporation had the following results last year (in thousands). Management's target rate of return is 10% and the weighted average cost of capital is 7%. Its effective tax rate is 30%.

Sales $6,000,000
Operating income      900,000
Total assets   3,000,000
Current liabilities      750,000


What is the First Electronics Corporation cell phone division's profit margin?
◦ 200.00%
◦ 30.00%
◦ 25.00%
◦ 15.00%
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 Mr.Thesaxman on Jan 5, 2020

sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
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 25% of students answer this correctly


Mr.Thesaxman

  • Member
  • Posts: 514
Reply 2 on: Jan 5, 2020
:D TYSM

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Examples of cell-to-cell communication based on the distance between cells Examples of cell-to-cell communication based on the distance between cells
Cell Cell
Eukaryotic cell Eukaryotic cell
Basal cell carcinoma. Basal cell carcinoma.
For a particular cell based on the reaction:3 AgCl(s) + Al(s) → 3 Ag(s) + Al3+(aq) + 3 ... For a particular cell based on the reaction:3 AgCl(s) + Al(s) → 3 Ag(s) + Al3+(aq) + 3 ...
The response of the lac operon in the presence of lactose in a cell bearing the IS mutation The response of the lac operon in the presence of lactose in a cell bearing the IS mutation
Video: Allergic Rhinitis

For a complete list of videos, visit our video library