Last Year the Uptown Division of Gorcen Enterprises Had Sales

question 114

Multiple Choice

Last year the Uptown Division of Gorcen Enterprises had sales of $300,000 and a net operating income of $24,000. The average operating assets at Uptown last year amounted to $120,000.
-At Uptown the turnover used to calculate ROI last year was:

• A)0.4
• B)2.5
• C)3.2
• D)5.0

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