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Determine the asset turnover for Division Y

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Reference no: EM132836059

Problem - Consider the following data for three divisions of a company, X, Y, and Z:

Divisional:

X

Y

Z

Sales

$1,385,00

$884,000

$4,676,000

Operating Income

145,500

110,800

234,200

Investment in assets

312,900

417,400

3,173,500

Required - Determine the asset turnover (AT) for Division Y?

Reference no: EM132836059

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