Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year (in thousands). Management's target rate of return is 20% and the weighted average cost of capital is 25%. Its effective tax rate is 35%. Sales Operating income Total assets Current liabilities $8,000,000 1,600,000 2,500,000 770,000 What is the division's capital turnover? OA. 1.56 OB. 5 O c. 3.25 OD. 3.2