Exhibit 11-4
the Following Information Is for Two Divisions at Wiley

question 1

Multiple Choice

Exhibit 11-4
The following information is for two divisions at Wiley Company.
$\begin{array}{lcc}&\text { Couch Division }&\text { Chair Division }\\\hline\text { Sales } & ? & \$ 6,000,000 \\\text { Operating income } & ? & \$ 560,000 \\\text { Operating profit margin } & 11.0 \% & ? \\\text { Average operating assets } & \$ 1,250,000 & \$ 4,000,000 \\\text { Asset turnover } & 2.0 & ? \\\text { ROI } & ? & ?\end{array}$
-Refer to Exhibit 11-4.What is the operating profit margin for the Chair Division (rounded to the nearest tenth of a percent) ?

• A)33.3%
• B)66.7%
• C)14.0%
• D)9.3%
• E)None of the answer choices is correct.