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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

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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 30% and the weighted average cost of capital is 5% its effective tax rate is 35% Sales $12,000 000 Operating income 4,200,000 Total assets 4,000,000 Current liabilities 780,000 What is the division's sales margin? OA. 300.00% OB 105.00% OC 19.50% OD. 35.00%

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