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The Pasta Division of Whole Grain Corporation had sales of $8,500,000 and operating income of 52 295,000 last year. The total assets of the Pasta
The Pasta Division of Whole Grain Corporation had sales of $8,500,000 and operating income of 52 295,000 last year. The total assets of the Pasta Division were 54.465,000, while current liabilities were $280,000. Whole Grain Corporation's target rate of return is 16%, while its weighted average cost of capital is 7% The effective tax rate for the company is 35% What is the Pasta Division's sales margin? OA 51,40% OB. 27.00% C. 23.00% OD 3.29%
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