Selected Financial Data for the Plastic Lumber Company's Outdoor Furniture

question 70

Multiple Choice

Selected financial data for The Plastic Lumber Company's Outdoor Furniture Division is as follows: $\begin{array}{|l|rr|}\hline \text { Sales } & \$ 2,100,000 \\\hline \text { Operating income } & \$ 420,000 \\\hline \text { Total assets } & \$ 1,050,000 \\\hline \text { Current liabilities } & \$ 200,000 \\\hline \text { Target rate of return } & 12 \% \\\hline \text { Weighted average cost of capital } & 10 \% \\\hline\end{array}$


-What is The Plastic Lumber Company's Outdoor Furniture Division return on investment?

• A)9.52%
• B)20.00%
• C)40.00%
• D)2000.00%

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Definitions:

Coronary Sinus

A large vein located on the posterior aspect of the heart that collects blood from the myocardium (heart muscle).

Right Atrium

The right atrium is one of the four chambers of the heart, responsible for receiving deoxygenated blood from the body and passing it to the right ventricle.

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels, critical for maintaining the flow of blood through the body.

Coronary Sinus

A large vein on the posterior side of the heart that collects blood from the myocardium (heart muscle) and directs it into the right atrium.