Compute the divisional roi for the campus division

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Reference no: EM131850774

The Campus Division of All-States Bank has assets of $1,400 million. During the past year, the division had profits of $290 million. All-States Bank has a cost of capital of 7 percent. Ignore taxes.

Required:

a. Compute the divisional ROI for the Campus Division. (Enter your answer as a percentage rounded to 1 decimal place (i.e., 32.1).)

Divisional ROI %

b. Compute the divisional RI for the Campus Division. (Enter your answer in dollars, not in millions.)

Divisional RI $

Reference no: EM131850774

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