The Global Products Corporation has three subsidiaries. Medical Supplies...
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Finance
The Global Products Corporation has three subsidiaries.
Medical Supplies
Heavy Machinery
Electronics
Sales
$
20,650,000
$
5,870,000
$
4,680,000
Net income (after taxes)
1,940,000
283,000
398,000
Assets
19,010,000
8,090,000
3,860,000
a-1. What is the return on sales for each subsidiary? (Input your answers as a percent rounded to 2 decimal places.)
a-2. Which subsidiary has the lowest return on sales?
multiple choice 1
Medical Supplies
Heavy Machinery
Electronics
b-1. What is the return on assets for each subsidiary? (Input your answers as a percent rounded to 2 decimal places.)
b-2. Which subsidiary has the highest return on assets?
multiple choice 2
Electronics
Heavy Machinery
Medical Supplies
c. Compute the return on assets for the entire corporation. (Input your answer as a percent rounded to 2 decimal places.)
d. If the $8,090,000 investment in the heavy machinery division is sold off and redeployed in the medical supplies subsidiary at the same rate of return on assets currently achieved in the medical supplies division, what will be the new return on assets for the entire corporation? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
NEED HELP WITH C.) AND D.) IN PARTICULAR
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