Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $17,560,000 $1,071,160 Average operating assets $4,300,000 The division's turnover is closest to: A. 16.39 B. 4.01 C. 0.25 D. 4.08
Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $17,560,000 $1,071,160 Average operating assets $4,300,000 The division's turnover is closest to: A. 16.39 B. 4.01 C. 0.25 D. 4.08
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...
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Transcribed Image Text:Agustin Industries is a division of a major corporation. Data
concerning the most recent year appears below:
Sales
Net operating income
$17,560,000
$1,071,160
Average operating assets $4,300,000
The division's turnover is closest to:
A. 16.39
B. 4.01
C. 0.25
D. 4.08
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