The Pastry Division of Dream Bread has invested capital of $1,300,000. During the past year,...
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Accounting
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 Divisions investment?
| 4.30 times | ||
| 23.30 times | ||
| 3.25 times | ||
| 13.98 times |
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