Kragle Corporation Reported the Following Financial Data for One of Its

question 28

Multiple Choice

Kragle Corporation reported the following financial data for one of its divisions for the year;average invested assets of $470,000;sales of $930,000;and income of $105,000.The investment turnover is:

• A)22.3.
• B)50.5.
• C)1.98.
• D)447.6.
• E)11.3.

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