The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Management's target rate of return is 10% and the weighted average cost of capital is 9%.
What is the Top Hat Division's sales margin?
A)280.00%
B)56.00%
C)20.00%
D)6)90%

Question

The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands).  Management's target rate of return is 10% and the weighted average cost of capital is 9%.
What is the Top Hat Division's sales margin?
A)280.00% 
B)56.00% 
C)20.00% 
D)6)90%

Quizplus · Accepted Answer

The Answer of The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands).  Management's target rate of return is 10% and the weighted average cost of capital is 9%.
What is the Top Hat Division's sales margin?
A)280.00% 
B)56.00% 
C)20.00% 
D)6)90%

The Top Hat Division of Blandon's Fine Menswear Had the Following