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For the most recent year, Robin Company reports operating income of $ 660 comma 000.00 . Robin's sales margin is 6 %, and capital turnover is 1.5 .

For the most recent​ year, Robin Company reports operating income of

$ 660 comma 000.00

.

​Robin's sales margin is

6

​%,

and capital turnover is

1.5

.

What is​ Robin's return on investment​ (ROI)?


A.

4

​%

B.

9

​%

C.

6

​%

D.

1.5

​%




The Top Hat Division of​ Blandon's Fine Menswear had the following results last year​ (in thousands).

Sales

$ 4 comma 600 comma 000

Operating income

$ 690 comma 000

Total assets

$ 2 comma 000 comma 000

Current liabilities

$ 260 comma 000

​Management's target rate of return is

14

​%

and the weighted average cost of capital is

7

​%.

What is the Top Hat​ Division's Return on Investment​ (ROI)?


A.

5.65

​%

B.

34.50

​%

C.

230.00

​%

D.

15.00

​%

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