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Manuary $4.000 February $3.500 January $16.000. Ferry $14.000 Question 5 2 pts Assume the Hiking Shoes division of the All About Shoes Corporation had the

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Manuary $4.000 February $3.500 January $16.000. Ferry $14.000 Question 5 2 pts 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 15% and the weighted average cost of capital is 10%. Sales: $7,000,000 Operating income: $1,400,000 Total assets: $3,500,000 Current liabilities: $800,000 What is the division's capital turnover? 2.50 2.00 5.00 4.38 Question 6

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