The Suspenders Division of T's Fine Menswear had the following results last year. Sales Operating income Total assets Current liabilities $4,500,000 $675,000 $3,000,000 $290,000 Management's target rate of return is 15% and the weighted average cost of capital is 5%. What is the Suspenders Division's capital turnover? A. 15.5 B. 6.7 C. 1.5 D. 4.4 ... Affordable Smiles mobile dentist office budgeted for 4,320 patient visits a year. Affordable Smiles actually saw 4,445 patients during the year and they have provided the following data: Fixed Portion for Budget Variable Portion per patient visit for Budget Actual Results Revenue $70 $406,700 Personnel Expenses $60,000 $63,000 Medical Supplies $10 $38,200 Occupancy Expenses Admin Expenses $12,000 $19,000 $1.50 $19,000 $0.50 $20,000 Based on the given information, what is the flexible budget variance for personnel expenses? OA. $3,000 Unfavorable B. $3,000 Favorable C. $0 D. Cannot be determined Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year (in thousands). Management's target rate of return is 5% and the weighted average cost of capital is 20%. Its effective tax rate is 30%. Sales Operating income $5,000,000 2,000,000 1,500,000 Total assets Current liabilities What is the division's Return on Investment (ROI)? 790,000 O A. 133.33% B. 333.33% C. 40% D. 52.67%