Business
Business, 12.03.2020 01:29, esanchez2002fcb

The Campus Division of All-States Bank has assets of $1,200 million. During the past year, the division had profits of $280 million. All-States Bank has a cost of capital of 5 percent. Ignore taxes. Required: a. Compute the divisional ROI for the Campus Division. (Enter your answer as a percentage rounded to 1 decimal place (i. e., 32.1).) b. Compute the divisional RI for the Campus Division. (Enter your answer in dollars, not in millions.)

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The Campus Division of All-States Bank has assets of $1,200 million. During the past year, the divis...

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