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Daab Products is a divison of a major corporation. The following data are for the most recent year of operations: Sales: $12,000,000 Net operating income:

Daab Products is a divison of a major corporation. The following data are for the most recent year of operations:

Sales: $12,000,000

Net operating income: $ 400,000

Average operating assets: $ 2,500,000

The company's minimum required rate of return: $ 10%

A. 16.0%

B, 41.5%

C. 0.3%

D. 2.2%

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Question

Daab Products is a divison of a major corporation. The following data are for the most recent year of operations: Sales: $12,000,000 Net operating income:

Daab Products is a divison of a major corporation. The following data are for the most recent year of operations: Sales: $12,000,000 Net operating income: $ 400,000 Average operating assets: $ 2,500,000 The company's minimum required rate of return: $ 10% A. 16.0% B, 41.5% C. 0.3% D. 2.2%

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Daab Products is a divison of a major corporation. The following data are for the most recent year of operations:

Sales: $12,000,000

Net operating income: $ 400,000

Average operating assets: $ 2,500,000

The company's minimum required rate of return: $ 10%

A. 16.0%

B, 41.5%

C. 0.3%

D. 2.2%