Divisional Turnover
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Question 16: (2 points)
Beade Industries is a division of a major corporation. Last year the division had total sales of $18,260,000, net operating income of $770,960, and average operating assets of $5,850,000.
The division's turnover is closest to:
2.87
3.12
3.47
4.37
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Solution Summary
The solution explains how to calculate the turnover for the division
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