subject
Business, 03.03.2020 03:55 santisammy237

Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Management's target rate of return is 30% and the weighted average cost of capital is 10%. Its effective tax rate is 30%. Sales $ 8 comma 000 comma 000 Operating income 3 comma 600 comma 000 Total assets 2 comma 500 comma 000 Current liabilities 840 comma 000 What is the division's Return on Investment (ROI)?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:30
What’s the best type of healthcare plan
Answers: 1
question
Business, 22.06.2019 11:00
When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement
Answers: 3
question
Business, 22.06.2019 12:30
On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.
Answers: 3
question
Business, 22.06.2019 13:20
Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.
Answers: 1
You know the right answer?
Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last y...
Questions
question
Spanish, 08.06.2021 21:40
question
Biology, 08.06.2021 21:40
question
Spanish, 08.06.2021 21:40
question
Business, 08.06.2021 21:40
question
English, 08.06.2021 21:40
Questions on the website: 13722361