The Pasta Division of Whole Grain Corporation Had Sales of $5,500,000

question 86

Multiple Choice

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 $340,000. Whole Grain Corporation's target rate of return is 18%, while its weighted average cost of capital is 15%. The effective tax rate for the company is 40%. What is the Pasta Division's sales margin?

• A)33.00%
• B)25.00%
• C)6)18%
• D)50.00%

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Definitions:

Space-Based Media

Media content and services delivered via satellite or other space-based technologies, offering communication and entertainment on a global scale.

Time-Based Media

Art forms that are experienced over time, such as video, film, audio, and digital media, which require the element of time for their full appreciation and understanding.

Marshall McLuhan

A Canadian philosopher and communication theorist best known for coining the expression "the medium is the message" and for his studies on media theory.

Media Endorsement

The support or approval of a product, service, or idea by a recognized media outlet, often influencing public opinion and behavior.