Question: Amb el question will save this response. Question 16 The Tandem division of the Great Adventures Cycles Company had the following results last year in

Amb el question will save this response. Question 16 The Tandem division of the Great Adventures Cycles Company had the following results last year in thousands). Sales $ 4,000,000 Operating income $ 480,000 Total assets $ 2,000,000 Current liabilities $ 300,000 Management's target rate of return is 10% and the weighted average cost of capital is 8%. Its effective tax rate is 40%. What is the Tandem division's Return on Investment (ROI)? 200.00% 7.50% 24.00% O 12.00% A Moving to another question will save this response

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