Mako Division had the following information: What is the turnover ratio for Mako Division?
A) 0.200
B) 0.625
C) 0.125
D) 8.000

Question

Mako Division had the following information:  What is the turnover ratio for Mako Division?
A) 0.200 
B) 0.625 
C) 0.125 
D) 8.000

Quizplus · Accepted Answer

The turnover ratio can be calculated by dividing the total revenue by the average total assets. However, the given information does not provide the total revenue and average total assets for the Mako Division. Therefore, none of the choices provided can be accurately determined.

Mako Division Had the Following Information: What Is the Turnover