Mickey Division of Mouse Corporation makes satellites. Mickey had sales last year of $1,200,000 and earned $300,000
Fantastic news! We've Found the answer you've been seeking!
Question:
Mickey Division of Mouse Corporation makes satellites. Mickey had sales last year of $1,200,000 and earned $300,000 in income (NOPAT). Its invested capital was $1,000,000. Mickey’s profit margin, turnover, and ROI are
A. 30%, 0.75, and 20%
B. 30%, 0.87, and 25%
C. 25%, 1.20, and 30%
D. 120%, 0.25, and 30%
Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
Posted Date: