Use the Information Below to Answer the Following Question(s)

question 16

Multiple Choice

Use the information below to answer the following question(s) :
The Beverage Division of Natural Foods Corporation had sales of $4,200,000 and operating income of $840,000 last year. The total assets of the Beverage Division were $1,680,000, while current liabilities were $360,000. Natural Foods Corporation's target rate of return is 9%, while its weighted average cost of capital is 7%. The effective tax rate for the company is 40%.
-What is the Beverage Division's asset turnover?

• A) 11.7
• B) 5.0
• C) 2.5
• D) 2.0

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Definitions:

Dual Language Learning

The process of learning two languages simultaneously or sequentially, often in the context of education.

Mainstreaming

The practice of integrating children with special educational needs into regular educational classrooms, allowing them to learn alongside their peers.

Special Needs

Requirements unique to individuals with disabilities or health conditions that may require additional support or accommodation.

Learning Disabilities

Neurologically-based processing problems that can interfere with learning basic skills such as reading, writing, or math.