The Pastry Division of Dream Bread Has Invested Capital of $1,300,000.During

Multiple Choice

The Pastry Division of Dream Bread has invested capital of $1,300,000.During the past year, the Pastry Division reported sales of $1,200,000 and earned $400,000 of NOPAT.How much return did the Pastry Division generate on each dollar of assets invested in the division?

A) 8.5%
B) 3.25%
C) 27.63%
D) 30.77%