Yale Corporation had the following results last year​ (in thousands).​ Management's target rate of return is​ 20% and the weighted average cost of capital is​ 15%. Its effective tax rate is​ 30%....


Yale Corporation had the following results last year​ (in thousands).​ Management's target rate of return is​ 20% and the weighted average cost of capital is​ 15%. Its effective tax rate is​ 30%.























Sales


​$25,000,000


Operating income


​1,000,000


Total assets


​2,000,000


Current liabilities


​5,670,000




What is the​ division's Return on Investment​ (ROI)?


Jun 08, 2022
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