Agustin Industries is a division of a major corporation. Data concerning the most recent year appears...

Question

Question

Answer 1

Answer #1

The division' s turnover is closest to is

Turnover or sales / Average operating assets

$18010000/4530000 = 3.98

Therefore the answer is 3.98

It measures how efficiently the company is using it's assets to generate sales revenues

Answer 2

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