Tomlinson Tech Has a Cost of Capital of 8 Percent

question 110

Multiple Choice

Tomlinson Tech has a cost of capital of 8 percent, a required rate of return of 9.5%, and an income tax rate of 30 percent.The Consumer Division of Tomlinson Tech has assets totaling $2,800,000 and current liabilities at $180,000 with $40,000 of this amount being interest-bearing.Sales for the year totaled $1,900,000 and interest expense totaled $20,000.Net income was $166,500 for the year.How much is the Consumer Division's invested capital?

• A)$2,560,000
• B)$2,660,000
• C)$2,940,000
• D)$2,620,000

Analyze the positive and negative effects of networking strategies on organizations and individual career development.

Recognize the stages and dynamics of mentor-mentee relationships.

Distinguish between different types of professional networks and their roles in career development.

Appreciate the significance of effective communication and goal-setting within mentoring relationships.

---

Definitions:

BRIC Countries

An acronym referring to the economies of Brazil, Russia, India, and China, which are distinguished by their fast growth and large potential markets.

Tariffs

Taxes imposed on imported goods, often used by governments to control trade flows, protect domestic industries, or generate revenue.

Quotas

Fixed limits or targets, often in a business or policy context, dictating the amount of goods or activities allowed.

Internet Use

The variety of activities and tasks carried out by individuals or organizations through the World Wide Web, including communication, research, entertainment, and business transactions.