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Title: The Southern Division of Amelia Corporation had sales of $6,500,000 and operating income of $1,200,0 Post by: bernie2981 on Nov 14, 2015 The Southern Division of Amelia Corporation had sales of $6,500,000 and operating income of $1,200,000 last year. The total assets of the Southern Division were $3,000,000, while current liabilities were $450,000. Amelia Corporation's target rate of return is 10%, while its weighted average cost of capital is 6%. The effective tax rate for the company is 30%.
What is the Southern Division's Return on Investment (ROI)? A) 40.00% B) 6.00% C) 200.00% D) 25.00% Title: Re: The Southern Division of Amelia Corporation had sales of $6,500,000 and operating income of $1,2 Post by: nuclei on Nov 21, 2015 Content hidden
Title: Re: The Southern Division of Amelia Corporation had sales of $6,500,000 and operating income of $1,200,0 Post by: bernie2981 on Dec 1, 2015 You're such a dedicated member, I very much appreciate the help.
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