Answer the following questions using the information below:
The Echuca Electrical Corporation reported the following information for its Coaxial Cables Division:
$$\begin{array} { l r }
\text { Revenues } & \$ 1000000 \
\text { Operating costs } & 600000 \
\text { Taxable income } & 200000 \
\text { Operating assets } & 500000
\end{array}$$ Profit is defined as operating profit.
-What is the Coaxial Cables Division's return on sales?
A)0.20
B)0.40
C)0.50
D)0.60

Question

Answer the following questions using the information below:
The Echuca Electrical Corporation reported the following information for its Coaxial Cables Division:
 $$\begin{array} { l r } 
\text { Revenues } & \$ 1000000 \
\text { Operating costs } & 600000 \
\text { Taxable income } & 200000 \
\text { Operating assets } & 500000
\end{array}$$ Profit is defined as operating profit.
-What is the Coaxial Cables Division's return on sales?
A)0.20
B)0.40
C)0.50
D)0.60

Quizplus · Accepted Answer

The Answer of Answer the following questions using the information below:
The Echuca Electrical Corporation reported the following information for its Coaxial Cables Division:
 $$\begin{array} { l r } 
\text { Revenues } & \$ 1000000 \
\text { Operating costs } & 600000 \
\text { Taxable income } & 200000 \
\text { Operating assets } & 500000
\end{array}$$ Profit is defined as operating profit.
-What is the Coaxial Cables Division's return on sales?
A)0.20
B)0.40
C)0.50
D)0.60

Answer the Following Questions Using the Information Below: the Echuca

Answer the Following Questions Using the Information Below:
the Echuca