Division a of Chacha Company Has Sales of $140,000, Cost

question 47

Multiple Choice

Division A of Chacha Company has sales of $140,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $150,000. What is the investment turnover for Division A?

• A) 0.93
• B) 9.3
• C) 1.07
• D) 10.7

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Definitions:

Kinship Ties

The relationships between individuals established through blood relations, marriage, or other familial connections.

Residence Seniority

The system or principle where entitlements, decision-making, or authority within a community or family is accorded based on the length of domicile or membership.

Pastoralism

A form of agriculture aimed at producing livestock, rather than growing crops, where keepers of herds, flocks, or herds move from location to location in search of pastures.

Migratory Herds

Groups of animals that move from one region or habitat to another according to the seasons, in search of food, better conditions, or breeding grounds.