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Mako Division Had the Following Information What Is the Turnover Ratio for Mako Division?
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question 10

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Mako Division had the following information:  Asset base in Mako Division $400,000 Net income in Mako Division $50,000 Weighted average cost of capital 12% Target ROI 15% Margin for Mako Division 20%\begin{array} { l r } \text { Asset base in Mako Division } & \$ 400,000 \\\text { Net income in Mako Division } & \$ 50,000 \\\text { Weighted average cost of capital } & 12 \% \\\text { Target ROI } & 15 \% \\\text { Margin for Mako Division } & 20 \%\end{array} What is the turnover ratio for Mako Division?


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