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Mason Corporation had $1,127,000 in invested assets, sales of $1,233,000, income from operations amounting to $222,000, and a desired minimum return of 14%.
Round your answer to two decimal places.
Problem 1: The investment turnover for Mason Corporation is
a. 0.88
b. 1.09
c. 1.31
d. 1.64
Yeates declared a 4-for-1 stock split for the 340,000 outstanding shares of its $10 par value common stock. Determine the number of common shares outstanding
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