Division 3 of Baritune Enterprises reported sales of $820,000, NOPAT totaling $61,500, interest expense of $8,000, and
Fantastic news! We've Found the answer you've been seeking!
Question:
Division 3 of Baritune Enterprises reported sales of $820,000, NOPAT totaling $61,500, interest expense of $8,000, and invested capital totaling $512,500. Its income tax rate is 30 percent. As it pertains to evaluating investment centers, how much is Division 3’s profit margin?
A. 12.0%
B. 7.5%
C. 8.2%
D. 1.6%
Related Book For
Posted Date: