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What is the division's sales margin Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year (in thousands). Management's

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What is the division's sales margin

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 3506 Sales Operating income Total assets Current liabilities seooo,ooo 840,000 What is the division's sales margin?

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