Condor Company
Condor Company provided the following information for last year: $\begin{array}{ll}
\text { Operating income } & \$ 60,000 \
\text { Sales } & \$ 240,000 \
\text { Beginning operating assets } & \$ 440,000 \
\text { Ending operating assets } & \$ 450,000
\end{array}$
-Refer to Condor Company. What was the company's turnover ratio?
A) 0.10
B) 0.16
C) 0.32
D) 0.54

Question

Quizplus · Accepted Answer

The Answer of Condor Company
Condor Company provided the following information for last year: $\begin{array}{ll}
\text { Operating income } & \$ 60,000 \
\text { Sales } & \$ 240,000 \
\text { Beginning operating assets } & \$ 440,000 \
\text { Ending operating assets } & \$ 450,000
\end{array}$
-Refer to Condor Company. What was the company's turnover ratio?
A) 0.10
B) 0.16
C) 0.32
D) 0.54

Condor Company Condor Company Provided the Following Information for Last

Condor Company
Condor Company Provided the Following Information for Last