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Brookhaven Corp. is a division of a large multinational corporation. Data for its most recent year is as follows: • Sales: $14,700,000 • Net Operating Income: $882,000 ⚫ Average Operating Assets: $3,500,000 What is Brookhaven Corp.'s asset turnover ratio closest to? A. 4.20 B. 0.24 C. 16.67 D. 4.82

Brookhaven Corp. is a division of a large multinational corporation. Data for its most recent year is as follows: • Sales: $14,700,000 • Net Operating Income: $882,000 ⚫ Average Operating Assets: $3,500,000 What is Brookhaven Corp.'s asset turnover ratio closest to? A. 4.20 B. 0.24 C. 16.67 D. 4.82

Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter5: Accounting For Retail Businesses
Section: Chapter Questions
Problem 4MAD: Analyze and compare CSX, Union Pacific, and YRC Worldwide CSX Corporation (CSX) and Union Pacific...
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Brookhaven Corp. is a division of a large multinational corporation. Data for its most recent year is as follows: • Sales: $14,700,000 • Net Operating Income: $882,000 ⚫ Average Operating Assets: $3,500,000 What is Brookhaven Corp.'s asset turnover ratio closest to? A. 4.20 B. 0.24 C. 16.67 D. 4.82
Transcribed Image Text:Brookhaven Corp. is a division of a large multinational corporation. Data for its most recent year is as follows: • Sales: $14,700,000 • Net Operating Income: $882,000 ⚫ Average Operating Assets: $3,500,000 What is Brookhaven Corp.'s asset turnover ratio closest to? A. 4.20 B. 0.24 C. 16.67 D. 4.82
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