Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Management's target rate of return is 15% and the weighted average cost of capital is 5%. Its effective tax rate is 30%. Sales $ 8 comma 000 comma 000 Operating income 2 comma 000 comma 000 Total assets 4 comma 000 comma 000 Current liabilities 800 comma 000 What is the division's Return on Investment (ROI)? A. 200.00% B. 20.00% C. 50.00% D. 25.00%

It would be option a

Bi would !

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