Solved: Last year processor division of mathews pc company earned, Accounting Basics

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Last year processor division of mathews pc company earned

Problem

Last year, Processor Division of Mathews PC Company earned NOPAT of $200,000 on sales of $2,600,000. The division had invested capital of $1,600,000 with $62,000 of noninterest-bearing current liabilities. How much is the division's return on investment?

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Accounting Basics: Last year processor division of mathews pc company earned

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