Carson Inc $\begin{array}{lr}\text { Sales } & \$ 2000000 \\\text { Net operating income } & 500000 \\\text { Average operating assets } & 1200000\end{array}$

question 39

Multiple Choice

Carson Inc.
Carson Inc. had the following information available at the end of its current year:
$\begin{array}{lr}\text { Sales } & \$ 2000000 \\\text { Net operating income } & 500000 \\\text { Average operating assets } & 1200000\end{array}$

-What was Carson's asset turnover for the year?

• A) 2.4
• B) .417
• C) .25
• D) 1.7

---

Definitions:

Passionate

Showing or caused by strong feelings or a strong belief.

Aggression

A range of behaviors that can result in both physical and psychological harm to oneself, others, or objects in the environment.

Instinctive

Relating to or denoting behaviors that are innate and automatic, performed without being based on prior experience or external cues.

Learning

An ongoing process that involves gaining and modifying information, beliefs, and skills through experience, instruction, or practice.