Mickey Division of Mouse Corporation makes satellites. Mickey had sales last year of $1,200,000, and...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Mickey Division of Mouse Corporation makes satellites. Mickey had sales last year of $1,200,000, and earned $300,000 in income (NOPAT). Its invested capital was $1,000,000. Mickeys profit margin, turnover, and ROI are A. 30%, 0.75, and 20% B. 30%, 0.87, and 25% C. 25%, 1.20, and 30% D. 120%, 0.25, and 30%
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!