The following information is available for the Trooper Company: $$\begin{array} { l r }
\text { Sales } & \$ 1,000,000 \
\text { Invested capital } & 500,000 \
\text { ROI } & 10 \%
\end{array}$$ The capital turnover ratio is _____.
A)2.0000
B)0.1000
C)0.3500
D)none of these answers is correct

Question

The following information is available for the Trooper Company: $$\begin{array} { l r } 
\text { Sales } & \$ 1,000,000 \
\text { Invested capital } & 500,000 \
\text { ROI } & 10 \%
\end{array}$$ The capital turnover ratio is _____.
A)2.0000
B)0.1000
C)0.3500
D)none of these answers is correct

Quizplus · Accepted Answer

The capital turnover ratio is calculated by dividing sales by invested capital. For Trooper Company, this is $1,000,000 / $500,000 = 2.0000.

The Following Information Is Available for the Trooper Company Sales $1,000,000 Invested capital 500,000 ROI 10%\begin{array} { l r } \text { Sales } & \$ 1,000,000 \\\text { Invested capital } & 500,000 \\\text { ROI } & 10 \%\end{array} Sales Invested capital ROI ​$1,000,000500,00010%​

The Following Information Is Available for the Trooper Company $\begin{array} { l r } \text { Sales } & \$ 1,000,000 \\\text { Invested capital } & 500,000 \\\text { ROI } & 10 \%\end{array}$