The Following Information Is Available for the Thompson Company What Is the Capital Turnover Ratio?
A) 0

question 13

Multiple Choice

The following information is available for the Thompson Company:
$\begin{array} { l } \text { Sales for year}&\$ 1,000,000\\ \text { Average invested capital for year}&\$500,000\\ \text {return on investment }&10\%\end{array}$

What is the capital turnover ratio?

• A) 0.10
• B) 0.35
• C) 0.50
• D) 2.00

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