Question

To finance customer purchases, MarineCo recently started a customer financing unit. MarineCo's income statement and balance sheet are provided in Exhibit 12.8. Separate MarineCo's income statement and balance sheet into the two segments: manufacturing and the customer financing unit. Assume equity in the financing subsidiary is the difference between finance receivables and debt related to those receivables. What is the return on invested capital for the manufacturing segment? What is the return on equity for the customer financing subsidiary?


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  • CreatedAugust 12, 2015
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