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The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 6%. Management calculated
The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 6%. Management calculated a weighted-average cost of capital (WACC) of 3%, Allied's corporate tax rate is 30% Sales Operating income Total assets Current liabilities S300,000 30,000 1,500,000 900,000 What is the division's capital OA. 10.00 OB. 1.67 OC. 50.00 O D. 0.20
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