Business, 05.05.2020 05:22 jamiahharrell21

The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 8%. Management calculated a weighted-average cost of capital (WACC) of 5%. Allied's corporate tax rate is 30%. Sales $800,000 Operating income 120,000 Total assets $1,600,000 Current liabilities 200,000 What is the division's Return on Investment (ROI)?

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