Multiple Choice
Use the information below to answer the following question(s) :
Assume the Cell Phone Division of the First Electronics Corporation had the following results last year (in thousands) . Management's target rate of return is 10% and the weighted average cost of capital is 7%. Its effective tax rate is 30%.
-What is the First Electronics Corporation cell phone division's Return on Investment (ROI) ?
A) 15.00%
B) 25.00%
C) 30.00%
D) 200.00%
Correct Answer:

Verified
Correct Answer:
Verified
Q41: Decentralization allows top management to hire workers
Q131: A company's flexible budget for 93,000 units
Q168: The local McDonald's restaurant is likely to
Q169: Revenue centre performance reports often highlight both
Q170: Measures of the balanced scorecard's internal business
Q171: Financial measures are lead indicators for companies.
Q174: Including nonproductive assets in the ROI calculation
Q176: Companies evaluate investment centres the way they
Q177: Economic Value Added (EVA) is a special
Q178: Which of the following aspects of a