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Selected financial data for the Photocopies Division of Elizabeth's Business Machines is as follows: Sales $6,400,000 Operating income $2,240,000 Total assets $3,200,000 Current liabilities $370,000
Selected financial data for the Photocopies Division of Elizabeth's Business Machines is as follows:
| Sales | $6,400,000 |
| Operating income | $2,240,000 |
| Total assets | $3,200,000 |
| Current liabilities | $370,000 |
| Required rate of return | 11% |
| Weighted average cost of capital | 9% |
What is the Photocopier Division's return on investment?
| A) | 200.00% | |
| B) | 35.00% | |
| C) | 5.78% | |
| D) | 70.00% |
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A Compilation Of University Level Assignments Marketing Audit Approach
Authors: Emeka Anyaduba
1st Edition
1475098057, 978-1475098051
