Tl division of giant bank has assets of 144 billion during

Reference no: EM13595304

TL Division of Giant Bank has assets of $14.4 billion. During the past year, the division had profits of $1.8 billion. Giant Bank has a cost of capital of 8 percent. Ignore taxes.

Required:
(a)Compute the divisional ROI. (Round your answer to 1 decimal place. Omit the "%" sign in your response.)

Divisional ROI ? %

(b)Compute the divisional RI. (Enter your answer in dollars, not in billions. Omit the "$" sign in your response.)

Divisional RI $ ?

Reference no: EM13595304

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