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Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands) Managements target rate of retum is

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Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands) Managements target rate of retum is 25 % and the weighted average cost of capital is 10 % Its effective tax rate is 40 % $11,000,000 Sales Operating income Total assets Curent Sabiltios 4.400,000 1,500,000 800,000 What is the division's capital tunover OA 0.34 OB 7.33 OC. 250 OD. 1.88

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