
EBK BUSINESS & PROFESSIONAL ETHICS FOR
8th Edition
ISBN: 9781337514460
Author: DUNN
Publisher: CENGAGE LEARNING - CONSIGNMENT
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FINANCIAL ACCOUNTING 2
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Landon Manufacturing Corporation has three divisions. Below is
the financial information for the most recent year:
•
Industrial Products Division:
。 Sales Revenue: $25,400
。 Assets: $13,200
Consumer Goods Division:
Sales Revenue: $18,700
。 Assets: $9,350
Technology Solutions Division:
。 Sales Revenue: $30,800
。 Assets: $15,400
Compute the capital turnover ratio for each division.
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