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 74 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
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 Return on Investment (ROI)?
◦ 20.00%
◦ 8.57%
◦ 250.00%
◦ 50.00%
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 gonzo233 on Jan 5, 2020

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
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


gonzo233

  • Member
  • Posts: 557
Reply 2 on: Jan 5, 2020
Excellent

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

biology 30 - Cell Division biology 30 - Cell Division
When a Tornado Strikes: Social Organization Following a Natural Disaster When a Tornado Strikes: Social Organization Following a Natural Disaster
When a Tornado Strikes: Social Organization Following a Natural Disaster When a Tornado Strikes: Social Organization Following a Natural Disaster
Selected Natural Products Selected Natural Products
Sticky foods such as dried fruits can adhere to teeth and promote decay Sticky foods such as dried fruits can adhere to teeth and promote decay
The International Radura Symbol The radura symbol must appear on all irradiated foods The International Radura Symbol The radura symbol must appear on all irradiated foods
Video: Lactation and Breast Feeding

For a complete list of videos, visit our video library