How do I calculate the division's ROI?
Added (1). Assume the Residential Division of Kindle Faucets had the following results last year:
sales: $4160000
operating income: 873600
average total assets: 5,200,000
current liabilities: 230,000
management's target rate of return: 16%
WACC:15%
what is the division's ROI?
a) 595%
b) 21%
c) 80%
d) 17%
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How to calculate the division's ROI?