Question: The Jersey Division of Yankee Products has invested capital of $1,400,000. This division incurred S80,000 in interest expense and $140,000 in income tax expense.

The Jersey Division of Yankee Products has invested capital of $1,400,000. This

The Jersey Division of Yankee Products has invested capital of $1,400,000. This division incurred S80,000 in interest expense and $140,000 in income tax expense. If this division reported a return on investment of 14 percent, how much is net operating profit after taxes? $416,000 $196,000 $116,000 $276,000

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