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Compute the desired minimum rate of return

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Question: Mason Corporation had $1,170,000 in invested assets, sales of $1,259,000, income from operations amounting to $245,000, and a desired minimum rate of return of 14%. Round your answer to two decimal places.

The investment turnover for Mason Corporation is

A.0.86

B.1.29

C.1.61

D.1.08

Reference no: EM131749121

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