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ASAP Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Management's target rate of return

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Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Management's target rate of return is 10% and the weighted average cost of capital is 30% Its effective tax rate is 40% Sales $7.000.000 Operating income 1,750,000 Total assets 2,500,000 Current liabilities 850,000 What is the division's capital turnover? O A 2.94 OB 1.43 OC. 2.80 OD 400

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