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elixir [45]
3 years ago
10

Assume the Runnng Shoes division of the Shoes Corporation had the following results last year (in thousands). Management's targe

t rate of return is 30% and the weighted average cost of capital is 15%. Its effective tax rate is 40%. Sales............................ .......$6,000,000 Operating income..................1,800,000 Total assets..................... ......1,000,000 Current liabilities.......................810,000 What is the division's Return on Investment (ROI)? (1 Point)
Business
1 answer:
vivado [14]3 years ago
4 0

Answer: 180%

Explanation:

Return on investment = (operating income/sales) x (sales/total assets)

=>  operating income / total assets

given Operating income=1,800,000

Total assets.1,000,000

Current liabilities.=810,000

Return on investment=1,800,000/1,000,00=1.8 X 100= 180%

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The managers most important food safety responsibility is training you to
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Return to questionItem 1Item 1 Judy's Boutique just paid an annual dividend of $3.01 on its common stock. The firm increases its
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Answer:

Cost of Equity = 11.30%

Explanation:

Computation Cost for Equity

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Market Price = [Dividend × (1 + Growth Rate )] / (Cost of Equity - Growth Rate)

41.08 = [$3.01 × (1 + 0.037)] / (Cost of Equity - 0.037)

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3 0
3 years ago
About ____ percent of worldwide stocks of tuna, cod, and other large ocean fishes have disappeared in the last 50 years.
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About ninety percent of worldwide stocks of tuna, cod, and other large ocean fishes have disappeared in the last 50 years.

Despite being present in every ocean in the world, tuna and other fishes have started disappearing. The North Atlantic, South Atlantic, as well as the Mediterranean Sea, have the worst conditions for the majority of fish species.

Bluefin, albacore, and yellowfin tuna stocks have drastically decreased as a result of years of overfishing for American and European markets. Although the Atlantic fisheries is heavily regulated, illegal fishing off the shore of coastal seas persists, particularly close to Africa, where impoverished nations cannot afford the patrols required to execute the law.

However, tuna populations cod and other large fish oceans  are declining even in the world's largest oceans, and some face extinction due to the continuous pressure of intensive commercial fishing.

To learn more about overfishing click here :

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1 year ago
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