If operating income for a division is $30,000, sales are $243,750, and invested assets are $187,500, the investment turnover would be 1.3.

Name: If operating income for a division is $30,000, sales are $243,750, and invested assets are $187,500, the investment turnover would be 1.3.
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Quizplus · Accepted Answer

Investment turnover is calculated by dividing sales by invested assets. In this case, investment turnover would be 243,750 / 187,500 = 1.3.

If Operating Income for a Division Is $30,000, Sales Are