Question: study guide: professor only gave us the answer. not how to solve it though. please help 11. Rivera Publishing reported the following results for its

study guide: professor only gave us the answer. not how to

study guide: professor only gave us the answer. not how to solve it though. please help

11. Rivera Publishing reported the following results for its Trade Paperback Division: Sales $2,200,000 Operating income $280,000 Total assets $1,400,000 Current liabilities $1,000,000 Rivera's target rate of return is 6% and the weighted average cost of capital is 8%. What is the Trade Paperback Division's Return on Investment (ROI)? A. 20% O B. 14% O C. 5% D. 0.28%. ID: 10.3-131a

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