If $8^x = 32$, then $x$ equals: 
$\textbf{(A)}\ 4\qquad\textbf{(B)}\ \frac{5}{3}\qquad\textbf{(C)}\ \frac{3}{2}\qquad\textbf{(D)}\ \frac{3}{5}\qquad\textbf{(E)}\ \frac{1}{4}$
Recognizing that $8=2^3$, we know that $2^{3x}=32$. Since $2^5=32$, we have $2^{3x}=2^5$. Therefore, $x=\dfrac{5}{3}$.
So our answer is $\boxed{\textbf{(B)}\ \frac{5}{3}}$