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plete) This Test: 40 pts possi The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require

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plete) This Test: 40 pts possi The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 9%. Management calculated a weighted average cost of capital (WACC) of 7%. Allied's corporate tax rate is 40%. Sales $600,000 Operating income 150,000 Total assets 1,000,000 Current liabilities 700,000 What is the division's sales margin? est A. 15.00% B. 60.00% OC. 25.00% OD 70.00% Click to select your answer. This course (ACCT 101.08 520) is based on Braun: Managerial Accounting 5e

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