Beak Industries Is a Division of a Major Corporation

question 5

Multiple Choice

Beak Industries is a division of a major corporation. Last year the division had total sales of $10,600,000, net operating income of $1,070,600, and average operating assets of $4,000,000.
-The division's turnover is closest to:

• A) 2.09
• B) 9.90
• C) 2.65
• D) 0.27

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Definitions:

Logical Thinking

the process of using reasoning consistently to come to a conclusion, based on a set of given facts or principles.

Personal Experience

The individual knowledge or skill acquired through direct observation or participation in events or activities.

Generalization

A broad statement or conclusion derived from specific instances, allowing for the application of specific findings to similar situations or populations.

Induction

A method of reasoning in which specific instances or observations lead to a general conclusion or principle.