ssume division 1 of the XYZ Company had the following results last year (in thousands). Management's required rate of return is 8% and the weighted average cost of capital is 6%. Its effective tax rate is 30%.

Assume division 1 of the XYZ Company had the following results last year (in thousands). Management's required rate of return is 8% and the weighted average cost of capital is 6%. Its effective tax rate is 30%. Sales Operating income Total assets Currentliabilities $1,000,000 $10,000,000 $500,000 What is the division's return on investment? ? 5% O 10% ? 20% O 50%