PLEASE HELP ME ↑Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year (in thousands): Management's target rate of retum is 20% and the weighted average cost of capital is 15% to effective tax 25%SalesOperating incomeTalCurrent besWhat is the division's Return on investment (ROCA 5667%ON 1.000%OC 100%OD. 30%$15,000,0004,500,0001,500,000050.000

Total assets is the amount owned by the business. Operating income is the income earned from the…

Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year (in thousands) Management's target of Sales Operating income Cument abs What is the division's Return on investment ( CA METS ON 1000% O.C. 300% O.O. 30% $15,000,000 4,500.000 1.500.000 50,000 weighted average cost of capital is 15% to effective 25%

Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year (in thousands) Management's target of Sales Operating income Cument abs What is the division's Return on investment ( CA METS ON 1000% O.C. 300% O.O. 30% $15,000,000 4,500.000 1.500.000 50,000 weighted average cost of capital is 15% to effective 25%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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