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Question 35 4 points Save Answ Benchmark. Home Hardware's manufacturing division of lawn-mowing and snow-blowing equipment, segments its business according to customer type: Professional or

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Question 35 4 points Save Answ Benchmark. Home Hardware's manufacturing division of lawn-mowing and snow-blowing equipment, segments its business according to customer type: Professional or Residential. The following division information was available for the past year: Residential Professional Sales $ 635,500 $1,031,250 Operating Total Current Income Assets Liabilities $ 63,500 $ 205,000 $ 70,000 $ 165,000 ??? $ 150,000 Assume that management has a 25% target rate of return for each division. The weighted average cost of capital for Benchmark is 15% and the effective tax rate is 30%. What is the Return on Investment for the Professional Division if Asset Turnover = 2.75? A. The Return on Investment for the Professional Division is: 16.0% B. The Return on Investment for the Professional Division is: 25.0% C. The Return on Investment for the Professional Division is: 44.00% D. The Return on Investment for the Professional Division is: 36.36% | E. The Return on Investment for the Professional Division is: 30.98%

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