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The Suspenders Division of T's Fine Menswear had the following results last year. Sales $4,600,000 Operating income $690,000 Total assets $2,000,000 Current liabilities $230,000 Management's

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The Suspenders Division of T's Fine Menswear had the following results last year. Sales $4,600,000 Operating income $690,000 Total assets $2,000,000 Current liabilities $230,000 Management's target rate of return is 18% and the weighted average cost of capital is 8%. What is the Suspenders Division's capital turnover? A. 20 B. 2.3 C. 2.9 OD. 6.7

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