Solution-What is the before-tax return on investment

What is the before-tax return on investment

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Reference no: EM132969887

Question - The following represents financial information for the Whitney Division of the Hamden Company for last year:

Account Amount

Average working capital $750,000

General and administrative expenses 97,500

Net sales 5,200,000

Average plant and equipment 2,130,000

Cost of goods sold 4,582,500

If Hamden Corp treats the Whitney Division as an investment center for performance evaluation purposes, what is the before-tax return on investment (ROI) for last year?

Reference no: EM132969887

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What is the before-tax return on investment

Reference no: EM132969887

Reference no: EM132969887

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