Question
Last year, Vent Division of Air Ducts Company earned NOPAT of $200,000 on sales of $2,600,000. The division had invested capital of $1,600,000 with $62,000
Last year, Vent Division of Air Ducts Company earned NOPAT of $200,000 on sales of $2,600,000. The division had invested capital of $1,600,000 with $62,000 noninterest-bearing current liabilities. What is the division's return on investment?
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Management Audits
Authors: Allan J. Sayle
3rd Edition
0951173901, 978-0951173909
