Ceder Products Is a Division of a Major Corporation

question 6

Multiple Choice

Ceder Products is a division of a major corporation. Last year the division had total sales of $21,520,000, net operating income of $538,000, and average operating assets of $8,000,000. The company's minimum required rate of return is 18%.
-The division's margin is closest to:

• A) 2.5%
• B) 39.7%
• C) 6.7%
• D) 37.2%

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Definitions:

Key Issues

Central or most important problems, questions, or concerns that require attention or resolution.

20 Years

A period of two decades, often referenced in the context of time-specific achievements, developments, or commitments.

Patent

A legal right granted to an inventor that excludes others from making, using, selling, or importing the patented invention without permission.

2 Years

A common timeframe used in business planning and projections to evaluate performance and milestones.