Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 5.00

automotive corporation

The engine divison of the cleveland automotive corporation had sales of $7,200,000 and operating income of $864,000 last year. The total assets of the engine division were $3,200,000 while current liabilities were $800,000.The cleveland auto corporation's target rate of return is 13% while its weighted average cost of capital is 9%. The effective tax rate for the company is 45%.

Required:

A.calculate sales margin

B.calculate capital turnover

C.calculate the return on investment (ROI)

D.calculate the residential income

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 03:08 PM My Price 5.00

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