Multiple Choice
The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 9%. Management calculated a weighted-average cost of capital (WACC) of 8%. Allied's corporate tax rate is 35%. 
What is the division's sales margin?
A) 20.00%
B) 35.71%
C) 7) 14%
D) 57.14%
Correct Answer:
Verified
Correct Answer:
Verified
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