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The Cardstock Manufacturing Division of the Pulp Paper Company reported the following results from the past year. Shareholders require a return of 7%. Management calculated

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The Cardstock Manufacturing Division of the Pulp Paper Company reported the following results from the past year. Shareholders require a return of 7%. Management calculated a weighted - average cost of capital (WACC) of 6%. The company's corporate tax rate is 25%. What is the division's capital turnover? A. 2.40 B. 4.00 C. 0.50 D. 8.00

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