Cabell Products Is a Division of a Major Corporation

question 168

Multiple Choice

Cabell Products is a division of a major corporation. Last year the division had total sales of $25,320,000, net operating income of $1,924,320, and average operating assets of $6,000,000. The company's minimum required rate of return is 10%.
-The division's return on investment (ROI) is closest to:

• A) 135.5%
• B) 6.1%
• C) 32.1%
• D) 2.4%

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Definitions:

Sponsorship And Support

Refers to the provision of financial, material, or emotional assistance to individuals or organizations, often to promote specific events, activities, or causes.

Managerial Practices

The methods, strategies, and techniques employed by managers to achieve organizational objectives and manage employee performance.

Human Resource Systems

The organized procedures and frameworks designed to manage an organization's workforce effectively.

Organizational Change

The processes, strategies, and outcomes involved in altering the structure, practices, or culture of an organization.