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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 10%. Its effective tax rate is 35%. Sales $5,000,000 Operating income 500,000 Total assets 1,500,000 Current liabilities 830,000 What is the division's capital turnover? O A. 10.00 OB. 3.33 OC. 3.00 O D. 1.81

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