Assume the Cell Phone Division of the First Electronics Corporation

question 63

Multiple Choice

Assume the Cell Phone Division of the First Electronics Corporation had the following results last year (in thousands) .Management's target rate of return is 10% and the weighted average cost of capital is 7%.Its effective tax rate is 30%. $$\begin{array} { | l | r | } \hline \text { Sales } & \$ 6,000,000 \\\hline \text { Operating income } & 900,000 \\\hline \text { Total assets } & 3,000,000 \\\hline \text { Current liabilities } & 750,000 \\\hline\end{array}$$
- What is the division's sales margin?

• A)200.00%
• B)15.00%
• C)25.00%
• D)30.00%

Recognize the relationship between locus of control and personal health behavior.

Identify the influences of childhood and parental behavior on the development of locus of control.

Comprehend cultural and demographic variations in locus of control orientation.

Examine the impact of locus of control on academic perseverance and success.

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Definitions:

Intelligence

The ability to acquire and apply knowledge and skills.

African American

A person in America with origins or heritage from black African populations.

Latino

A person of Latin American origin or descent, often residing in the United States.

Asian American

An individual of Asian descent who is a citizen or permanent resident of the United States.