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Assume the Mold Division of SPKY had the following results last year in thousands). Management's target rate of return is 10% and the weighted average
Assume the Mold Division of SPKY had the following results last year in thousands). Management's target rate of return is 10% and the weighted average cost of capital is 79. Its effective tax rate is 30%. Sales Operating income Total assets Current liabilities $6,000,000 900,000 3,000,000 750,000 What is the SPKY's mold division's profit margin? O 200.0096 15.0096 25.0096 O 30.0096
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