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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 tarpot 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 tarpot rate of return is 10% and the weighted average cost of capital is 15%. Its effective tax rate is 40% Sales $9,000,000 Operating income 2.250,000 Total assets 2,000,000 Current liabilities 840,000 What is the division's Return on investment (ROIY O A 112.50% OB. 450.00% OC 25.00% OD. 42.00% Click to select your

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