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QUESTION 21 The following data relates to the Company and its Division A Division sales Division operating income Division total assets Division current liabilities Corporate

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QUESTION 21 The following data relates to the Company and its Division A Division sales Division operating income Division total assets Division current liabilities Corporate target rate of retum Corporate weighted average cost of capital Corporate effective tax rate $8,500,000 $510,000 $2,500,000 $540,000 15% 14% 35% What is Division A's capital turnover? 0.4.6 3.4 4.9 O 16.7

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