Cabal Products Is a Division of a Major Corporation

question 115

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 margin is closest to:

• A)5.8%
• B)45.6%
• C)14.6%
• D)39.8%

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Definitions:

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