Use the information below to answer the following question(s).The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a flood, which destroyed some of its accounting records.The main computer system was also severely damaged.The following information was salvaged:

-What is the Tractor Division's investment turnover?
A).50
B)1.0
C)2.0
D)2.5
E)3.0

Question

Use the information below to answer the following question(s).The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a flood, which destroyed some of its accounting records.The main computer system was also severely damaged.The following information was salvaged:
 
-What is the Tractor Division's investment turnover?
A).50 
B)1.0 
C)2.0 
D)2.5 
E)3.0

Quizplus · Accepted Answer

Investment turnover is calculated as sales divided by investment. If the sales and investment figures are provided, the correct choice can be determined by performing this calculation.

Use the Information Below to Answer the Following Question(s)