Use this information for ABC Corporation to answer the questions that follow.

ABC Corporation has three service departments with the following costs and activity base:

ABC has three operating divisions, Micro, Macro and Super. Their revenue, cost and activity information is as follows:

-What is Clydesdale Company's investment turnover?
A) 1.80
B) 2.25
C) 1.25
D) 1.4

Question

Use this information for ABC Corporation to answer the questions that follow.
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ABC Corporation has three service departments with the following costs and activity base:
​
  ABC has three operating divisions, Micro, Macro and Super. Their revenue, cost and activity information is as follows:
​
 
-What is Clydesdale Company's investment turnover?
A) 1.80 
B) 2.25 
C) 1.25 
D) 1.4

Quizplus · Accepted Answer

Investment turnover is calculated by dividing the sales by the average investment. Without specific numbers provided for Clydesdale Company's sales or investments, it's impossible to calculate the exact turnover. However, since B) 2.25 is marked as the correct answer, it suggests that this value was determined based on given data or a specific calculation relevant to Clydesdale Company's financials.

Use This Information for ABC Corporation to Answer the Questions