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

question 10

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 ROI for the Chair Division (rounded to the nearest tenth of a percent) ?

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

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Definitions:

Calling Function

A process in which a program requests a service from the software library or another system resource.

Passed Data

Information or parameters that are provided to functions or methods when they are called.

Argument Names

Names given to variables in a function declaration that are used to refer to the values passed to the function when it is called.

Actual Parameters

The actual values passed to a function upon invocation, as opposed to the placeholders in the function definition.