sales-$8,000,000

operating income-$1,600,000

total assets-$3,500,00

current liabilities-$810,000

what is the divisons return on investment? (ROI)

Asume the Hiking Shoes division of the About Shoes Corporation had the fingresos year in thousand Managements torpet ratio of retumis 25 and the wedere cost of severo Bas 1.000.000 Operating income 2.700.000 1.500.000 Current 700.000 Welcome OA 12.000.000 OB 12.345.000 OC V000 Oliver Enterprises has collected the following data for one of its products: Direct materials standard (2 pounds per unit @ $0.497b.) Direct materials flexible budget variance - unfavorable Actual Direct Materials Used (AQU) Actual finished goods produced What is the actual cost of the Direct Materials Used (AQU) per pound? $0.98 per finished good $12,000 32,000 pounds 28,000 units O A $0.86 OB. $1.41 OC. 50.49 OD. $1.23 Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year in thousands). Maragement's wet rate of retum 10% and weighted average cost of op 20%. I afectetur Sales $8.000.000 Operwing income 1.800.000 Tots 3.500.000 Current 610.000 What is the distam on inima ROHO O A 228.57% OB 23:14 OC 20.00% OD 45.71% Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Management's tarpet rate of return is 10% and the weighted werage cost of capital 20%. In afective tax rate is 40% Sales 58.000.000 Operating income 1.600.000 Total assets 3.500.000 Current liable 810.000 What is the division's Return on investment (RONT OA 228.57% OB 23.14% OC 20.00% OD 45.71%