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Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year in thousands) Management target rate of return is 10%
Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year in thousands) Management target rate of return is 10% and the weighted average cont of capital is 20% to effective at 40% Sales Operating income Total assets Current liabilities What is the division's capital over? $14,000,000 6,300,000 4,000,000 800,000 OA 2.22 OB. 0.63 Oc. 5 OD 35
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