Question: Moving to another question will save this response. Question 1 The Top Hat Division of Blandon's Fine Menswear had the following results last year (in

 Moving to another question will save this response. Question 1 The
Top Hat Division of Blandon's Fine Menswear had the following results last

Moving to another question will save this response. Question 1 The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales Operating Income Total assets Current liabilities $4,500,000 $675,000 $3,000,000 $250,000 Top Hat's tax rate is 40%. Management's required target rate of return is 12%. What is the Top Hat Division's Return on investment (ROI)? 14.73% 15.00 55.55 Moving to another question will save this Moving to another question will save this response uestion 2 Which of the following statements about the information included on a statement of cash flows is TRUE? The statement of cash flows contains information about the business's percentage change in each item of revenue and expense, The statement of cash flows contains information about the difference between variable and absorption costing The statement of cash flows contains information about the business's sources and uses of cash. The statement of cash flows contains information about the differences between net income and additions to retained earnines. A Moving to another question will save this response

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