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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 14, 2015



Title: The Box Manufacturing Division of the Allied Paper Company reported the following results from the p
Post by: bernie2981 on Nov 14, 2015
The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 7%. Management calculated a weighted-average cost of capital (WACC) of 5%. Allied's corporate tax rate is 30%.

Sales   $700,000
Operating income    $175,000
Total assets   $1,500000
Current liabilities    600,000

What is the division's capital turnover?
A) 2,50
B) 0.47
C) 4.00
D) 8.57


Title: Re: The Box Manufacturing Division of the Allied Paper Company reported the following results from t
Post by: nuclei on Nov 21, 2015
Content hidden


Title: Re: The Box Manufacturing Division of the Allied Paper Company reported the following results from the p
Post by: bernie2981 on Dec 1, 2015
Answers my question perfectly.


Title: Re: The Box Manufacturing Division of the Allied Paper Company reported the following results from ...
Post by: Celeste Lozano on Nov 16, 2020
thanks