identity and wealth. how social media is reflective of todays generation in the great gatsby.
Author : Brian Copeland Post your initial response to what you learned about the author. What surprised or intrigued you about the author? What did you learn this week from studying the author? What new insight did it give you on his novel (memoir)? Post any questions that you may have about the author. Study the author :
Question 1: The Southern Division of Amelia Corporation had sales of $6,500,000 and operating income of $1,200,000 last year. The total assets of the Southern Division were $3,000,000, while current liabilities were $450,000. Amelia Corporation\’s target rate of return is 10%, while its weighted average cost of capital is 6%. The effective tax rate for the company is 30%. What is the Southern Division\’s Return on Investment (ROI)? Question 2: The Pasta Division of Whole Grain Corporation had sales of $5,500,000 and operating income of $1,375,000 last year. The total assets of the Pasta Division were $2,750,000, while current liabilities were $330,000. Whole Grain Corporation\’s target rate of return is 12%, while its weighted average cost of capital is 8%. The effective tax rate for the company is 30%. What is the Pasta Division\’s Residual Income (RI)?What is the Pasta Division\’s capital turnover?