Homework Answers
Answer
- Capital Invested = Total Assets = $ 1,100,000
- Required: Capital Turnover [=Sales/Capital]
- Working and answer
|
A |
Sales |
$ 2,200,000 |
|
B |
Total Assets |
$ 1,100,000 |
|
C = A/B |
Division's Capital Turnover |
2 |
- Correct Answer = Option ‘A’ 2.0
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