The following are selected data for the division for the consumer products of ABC Corp for 2020: Sales P 10,000,000 Average invested capital 4,000,000 Net Income 400,000 Cost of Capital 8% What is the return on sales for the division? 4% 8% 10% 20%
The following are selected data for the division for the consumer products of ABC Corp for 2020: Sales P 10,000,000 Average invested capital 4,000,000 Net Income 400,000 Cost of Capital 8% What is the return on sales for the division? 4% 8% 10% 20%
Chapter12: Capital Structure
Section: Chapter Questions
Problem 10PROB
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The following are selected data for the division for the consumer products of ABC Corp for 2020:
Sales P 10,000,000
Average invested capital 4,000,000
Net Income 400,000
Cost of Capital 8%
What is the return on sales for the division?
- 4%
- 8%
- 10%
- 20%
Group of answer choices
1
2
3
4
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