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Question Help Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Management's target rate of

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Question Help 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 25% and the weighted average cost of capital is 30%. Its effective tax rate is 35%. Sales $11,000,000 Operating income 2,750,000 Total assets 4,000,000 Current liabilities 770,000 What is the division's Return on Investment (ROI)? O A. 275.00% OB. 68.75% O c. 25.00% OD. 19.25%

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