Cabal Products Is a Division of a Major Corporation

question 94

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 turnover is closest to:

• A)2.19
• B)17.24
• C)0.15
• D)2.51

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Definitions:

Replacement Parts

Components that are substituted for the original parts of an item, often due to damage or wear.

Direct Strategy

A communication method that involves straightforwardly presenting the primary message at the beginning of the communication.

Indirect Strategy

A communication approach where the key message is not presented immediately but rather introduced after providing background information or explanations.

Refuse Requests

The act of denying or rejecting an appeal or solicitation for something.