Beall Industries is a division of a major corporation. Last year the division had total sales of $20,160,000, net operating income of $1,592,640, and average operating assets of $8,000,000.
-The division's turnover is closest to:
A)2.52
B)2.10
C)0.20
D)12.66

Question

Quizplus · Accepted Answer

Turnover = Sales F1F1F1S1F1F1F10 Average operating assets
= $20,160,000 F1F1F1S1F1F1F10 $8,000,000 = 2.52

Beall Industries Is a Division of a Major Corporation