Answer the Following Questions Using the Information Below:
the Echuca

question 72

Multiple Choice

Answer the following questions using the information below:
The Echuca Electrical Corporation reported the following information for its Coaxial Cables Division:
$$\begin{array} { l r } \text { Revenues } & \$ 1000000 \\\text { Operating costs } & 600000 \\\text { Taxable income } & 200000 \\\text { Operating assets } & 500000\end{array}$$ Profit is defined as operating profit.
-What is the Coaxial Cables Division's investment turnover ratio?

• A)2.00
• B)2.50
• C)3.33
• D)0.80