The following information pertains to the Hillside Division, which operates as an investment center:
$$\begin{array} { l r }
\text { Net Assets } & \$ 4,000,000 \
\text { Sales } & \$ 8,000,000 \
\text { Retum on Sales } & 40 \%
\end{array}$$ Calculate Hillside Division's net income.

Question

The following information pertains to the Hillside Division, which operates as an investment center:
 $$\begin{array} { l r } 
\text { Net Assets } & \$ 4,000,000 \
\text { Sales } & \$ 8,000,000 \
\text { Retum on Sales } & 40 \%
\end{array}$$ Calculate Hillside Division's net income.

Quizplus · Accepted Answer

The Answer of The following information pertains to the Hillside Division, which operates as an investment center:
 $$\begin{array} { l r } 
\text { Net Assets } & \$ 4,000,000 \
\text { Sales } & \$ 8,000,000 \
\text { Retum on Sales } & 40 \%
\end{array}$$ Calculate Hillside Division's net income.