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What is the capital turnover ratio

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Reference no: EM132774986

Question - The following information is available for the Thompson Company:

Sales for year $1,000,000

Average invested capital for year $500,000

Return on investment 10%

What is the capital turnover ratio?

A. 0.50

B. 0.35

C. 2.00

D. 0.10

Reference no: EM132774986

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