Avocado Company Has an Operating Income of $80,000 on Revenues

question 113

Multiple Choice

Avocado Company has an operating income of $80,000 on revenues of $1,000,000.Average invested assets are $500,000 and Avocado Company has an 8% cost of capital.What is the investment turnover?

• A)10
• B)5
• C)2
• D)16

---

Definitions:

Imitative Capacity

The ability of an individual to mimic or reproduce actions, behaviors, or sounds observed from others.

Deferred Imitation

Imitating the behavior of an absent model; illustrates infants’ capacity for mental representation.

A-not-B Ability

A cognitive phenomenon observed in infants where they reach for a hidden object where they last found it (A) rather than its new location (B), showcasing a development phase in object permanence understanding.

Violation-of-expectation

A research method used in cognitive psychology to study infants' and young children's understanding of the physical and social world by observing their reactions to events that violate their expectations.