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What is the capital turnover

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Reference no: EM132527190

The following information pertains to Sanjay Company:

Total assets                           $50,000
Total current liabilities              $30,000
Total expenses                       $60,000
Total liabilities                       $45,000
Total revenues                       $100,000

Question 1: Invested capital is defined as total assets. What is the capital turnover?

A) 0.63

B) 1.79

C) 0.40

D) 2.00

Reference no: EM132527190

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