Cabal Products Is a Division of a Major Corporation

question 106

Multiple Choice

Cabal Products is a division of a major corporation. Last year the division had total sales of $10,040,000, net operating income of $582,320, and average operating assets of $4,000,000. The company's minimum required rate of return is 14%. The division's return on investment (ROI) is closest to:

• A)4.1%
• B)14.6%
• C)36.6%
• D)0.9%

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Definitions:

Nature

The natural occurrences and features of the earth, encompassing plants, animals, the terrain, and other earth-generated elements, distinct from things made by humans.

Nurture

The care, education, and environmental influences that contribute to an individual's development, often contrasted with genetic factors.

Biology

The investigation into living beings and life itself, focusing on their physical makeup, operational mechanisms, expansion, beginnings, evolutionary changes, and dispersion.

Experience

The knowledge or skill acquired by a person through direct involvement in or exposure to events or activities.