Assume the Residential Division of Kopper Faucets had the following results last year: $ 16,000,000 2,400,000 5,000,000 Net sales revenue Operating income Average total assets Management's target rate of return What is the division's ROI? OA. 48% OB. 15% O C. 320% OD. 208% 15% ...

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...
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Assume the Residential Division of Kopper Faucets had the following results last year:
Net sales revenue
Operating income
Average total assets
Management's target rate of return
What is the division's ROI?
OA. 48%
OB. 15%
O C. 320%
OD. 208%
$ 16,000,000
2,400,000
5,000,000
15%
***
Transcribed Image Text:Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue Operating income Average total assets Management's target rate of return What is the division's ROI? OA. 48% OB. 15% O C. 320% OD. 208% $ 16,000,000 2,400,000 5,000,000 15% ***
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