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The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales Operating income Total assets Current liabilities $4,600,000 $690,000

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The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales Operating income Total assets Current liabilities $4,600,000 $690,000 $2,000,000 $220,000 Management's target rate of return is 20% and the weighted average cost of capital is 6%. What is the Top Hat Division's Return on Investment (ROI)? A. 15.00% B. 4.78% OC. 34.50% OD, 230.00% Click to select your

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