The Following Data Relates to the Miracle Corporation and Its

question 148

Multiple Choice

The following data relates to the Miracle Corporation and its Toy Division. $$\begin{array} { | l | r | } \hline \text { Toy Division sales } & \$ 8,000,000 \\\hline \text { Toy Division aperating income } & \$ 480,000 \\\hline \text { Toy Division total assets } & \$ 2,000,000 \\\hline \text { Toy Division current liabilities } & \$ \text { 600,000 } \\\hline \text { Corporate target rate of return } & 14 \% \\\hline \text { Corporate weighted average cost of capital } & 10 \% \\\hline \text { Corporate effective tax rate } & 30 \% \\\hline\end{array}$$
- What is the Toy Division's sales margin?

• A)6%
• B)24%
• C)30%
• D)400%

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Definitions:

Sticks

Typically refers to long, slender pieces of wood, but in educational or behavioral contexts, might be part of a reward or motivational system.

Positive Reinforcement

A technique used to encourage desired behaviors by offering rewards or positive outcomes when those behaviors are exhibited.

Shaping

The process of reinforcing successive approximations of a desired behavior, gradually guiding an individual towards the target behavior.

Classroom

A learning environment or space where teaching and instruction take place, often within a school.