The Hum Division of the Ho Company reported the following data for last year: Net operating income$150,000 Interest expense$50,000 Tax expense$30,000 Stockholders' equity$200,000 Average operating assets$600,000 Minimum required rate of return 12%?The return on investment (ROI) last year for the Hum Division was:
A. 25%
B. 75%
C. 35%
D. 12%
Answer: A
You might also like to view...
Mini-Case Question. Dow developed a digital marketing channel for its more price-sensitive customer segment. Which operational component of the channel performance did Dow improve?
A) product quality B) after-sales service C) customer reach D) sales margins E) net price
What is marketing logistics? What are the components of marketing logistics?
What will be an ideal response?
Rapid changes in technology and globalization require that even more attention be paid to communicating honestly and openly with employees in order to gain their respect and loyalty
Indicate whether the statement is true or false
White-collar crimes are committed in a(n) ________ context
A) abstract B) conditional C) commercial D) non-criminal