Top Posters
Since Sunday
s
5
g
5
K
5
o
5
g
5
o
4
k
4
s
4
I
4
k
4
j
4
o
4
New Topic  
bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
The Pasta Division of Whole Grain Corporation had sales of $5,500,000 and operating income of $1,375,000 last year. The total assets of the Pasta Division were $2,750,000, while current liabilities were $330,000. Whole Grain Corporation's target rate of return is 12%, while its weighted average cost of capital is 8%. The effective tax rate for the company is 30%.

What is the Pasta Division's Return on Investment (ROI)?
A) 25.00%
B) 6.00%
C) 200.00%
D) 50.00%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 268 times
2 Replies
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
Top Poster
Posts: 2158
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...
8 years ago
Wow! Thank you
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  776 People Browsing
Related Images
  
 233
  
 177
  
 327
Your Opinion
How often do you eat-out per week?
Votes: 80

Previous poll results: What's your favorite coffee beverage?