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Elf Enterprises has two divisions, Newhart and Ferrell. Information for each division for last year appears below: Newhart Ferrell Sales $4,000,000 $9,000,000 NOPAT $250,000 $450,000
Elf Enterprises has two divisions, Newhart and Ferrell. Information for each division for last year appears below: Newhart Ferrell Sales $4,000,000 $9,000,000 NOPAT $250,000 $450,000 Investment $1,000,000 $3,000,000 Required Rate of Return 18% 18% Reference: Ref 12-5 What are the profit margin, turnover, and return on investment, respectively, for the Newhart Division? Answer 4, 6.25%, 25% 6.25%, 25%, 4 .25, 100%, 25% 6.25%, 4, 25%
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