Baad Industries Is a Division of a Major Corporation

question 15

Multiple Choice

Baad Industries is a division of a major corporation. Last year the division had total sales of $20,440,000, net operating income of $1,860,040, and average operating assets of $7,000,000. The division's turnover is closest to:

• A)0.27
• B)2.92
• C)10.99
• D)2.31

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