Question
The Global Products Corporation has three subsidiaries. Medical Supplies Heavy Machinery Electronics Sales $20, 850,000 $5,120,000 $4,850,000 Net income (after taxes) 1,350,000 473,000 346,000 Assets
The Global Products Corporation has three subsidiaries.
Medical Supplies Heavy Machinery Electronics
Sales $20, 850,000 $5,120,000 $4,850,000
Net income (after taxes) 1,350,000 473,000 346,000
Assets 8,660,000 8,770,000 3,440,000
a-1. What is the return on sales for each subsidiary? (Input your answers as a percent rounded to 2 decimal places.)
a-2. Which subsidiary has the lowest return on sales?
b-1. What is the return on assets for each subsidiary? (Input your answers as a percent rounded to 2 decimal places.)
b-2. Which subsidiary has the highest return on assets?
c. Compute the return on assets for the entire corporation. (Input your answer as a percent rounded to 2 decimal places.)
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