The Pastry Division of Dream Bread has invested capital of $1,300,000.During the past year, the Pastry Division reported sales of $5,590,000 and earned $400,000 of NOPAT.By how many times did revenue exceed the Pastry Division's investment?

Question

Quizplus · Accepted Answer

Revenue exceeded the Pastry Division's investment by dividing sales ($5,590,000) by the invested capital ($1,300,000), which equals approximately 4.30 times.

The Pastry Division of Dream Bread Has Invested Capital of $1,300,000.During