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The records of the Rodney Division showed the following for last year: Sales Revenue $ 2,160,000 Accounts Receivable 495,000 Operating Assets 1,620,000 Operating Income 864,000 Taxable Income 562,000 What is the capital turnover for the Rodney Division? - .347 - .533 - 1.333 - .400

The records of the Rodney Division showed the following for last year: Sales Revenue $ 2,160,000 Accounts Receivable 495,000 Operating Assets 1,620,000 Operating Income 864,000 Taxable Income 562,000 What is the capital turnover for the Rodney Division? - .347 - .533 - 1.333 - .400

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The records of the Rodney Division showed the following for last year: Sales Revenue $ 2,160,000 Accounts Receivable 495,000 Operating Assets 1,620,000 Operating Income 864,000 Taxable Income 562,000 What is the capital turnover for the Rodney Division? - .347 - .533 - 1.333 - .400
Transcribed Image Text:The records of the Rodney Division showed the following for last year: Sales Revenue $ 2,160,000 Accounts Receivable 495,000 Operating Assets 1,620,000 Operating Income 864,000 Taxable Income 562,000 What is the capital turnover for the Rodney Division? - .347 - .533 - 1.333 - .400
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