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Just need some help solving this I will rate! Many thanks and God bless!!! Provisions Company, a manufacturer of office supplies, provides the following financial
Just need some help solving this
I will rate!
Many thanks and God bless!!!
Provisions Company, a manufacturer of office supplies, provides the following financial information: Pen Division Pencil Division Operating income $90,000 $50,000 Net sales $500,000 $200,000 Total assets at Jan. 1 $580,000 $255,000 Total assets at Dec. 31 $600,000 $300,000 Calculate the return on investment for the Pen Division. (Round your answer to two decimal places.) O A. 15.00% OB. 18.02% O C. 15.52% OD. 15.25% Accelerated Logistics provides the following information: Operating income $1,500,000 Net sales $14,500,000 Average total assets $1,950,000 Management's target rate of return 25% What is the company's profit margin ratio? (Round your answer to two decimal places.) O A. 10.34% OB. 1.10% O C. 76.92% OD. 13.45%Step by Step Solution
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