Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Align Division is one of the divisions of DynaCore. Aligns invested capital is $420,000. Last year, Align generated NOPAT of $64,260 on sales of $756,000.
Align Division is one of the divisions of DynaCore. Aligns invested capital is $420,000. Last year, Align generated NOPAT of $64,260 on sales of $756,000. Which one of the following correctly calculates Align Divisions return on investment using the two components of return on investment?
$64,260 $756,000 | ||
11.76% 0.56 | ||
$4,260 $756,000 | ||
8.5% 1.80 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started