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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