The following data relates to Logan Electric and its Light Bulb Division. $9,000,000 $720,000 $5,000,000...
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The following data relates to Logan Electric and its Light Bulb Division. $9,000,000 $720,000 $5,000,000 $530,000 Light Bulb Division sales Light Bulb Division operating income Light Bulb Division total assets Light Bulb Division current liabilities Corporate target rate of return Corporate weighted average cost of capital Corporate effective tax rate 18% 6% 35% What is the Light Bulb Division's capital turnover? O A. 6.9 O B. 1.8 OC. 9.4 O D. 12.5
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