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    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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    https://brainmass.com/business/asset-turnover/divisional-turnover-218631

    Solution Summary

    The solution explains how to calculate the turnover for the division

    $2.19

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