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Selected Data from Division a of Green Company Are as Follows

question 71

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Selected data from Division A of Green Company are as follows:
 Sales $500,000 Average investment $300,000 Operating income $60,000 Minimum rate of return 15%\begin{array}{lcc}\text { Sales } & \$ & 500,000 \\\text { Average investment } & \$ & 300,000 \\\text { Operating income } & \$ & 60,000 \\\text { Minimum rate of return } & & 15 \%\end{array} Division A's asset turnover (AT) is (rounded) :


Definitions:

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A suggested hypothesis developed from minimal evidence to initiate more detailed exploration.

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