Hardin Division of WestCo Has Sales of $300,000 and NOPAT

Multiple Choice

Hardin Division of WestCo has sales of $300,000 and NOPAT of $15,000.The company's invested capital is $240,000 and its non-interest-bearing current liabilities are $20,000.What is Hardin Division's profit margin as it relates to investment center performance evaluation?

A) 8.0%
B) 6.25%
C) 5.0%
D) 6.8%