Multiple Choice
Ocelot Corporation had the following results last year (in thousands) . Management's target rate of return is 30% and the weighted average cost of capital is 5%. Its effective tax rate is 40%. What is the division's Return on Investment (ROI) ?
A) 166.67%
B) 27.00%
C) 60.00%
D) 105.88%
Correct Answer:

Verified
Correct Answer:
Verified
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