What is the turnover ratio

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Reference no: EM131039503

A university credit union that serves a very large student population has an ATM in the student union where several cafes, restaurants, game rooms, gift shops and other unique shops are located. The average cash withdrawal at the ATM is about $40. Average number of cash withdrawals per week is about 200. Several inspections of the ATM indicated and average of $28,844 in the machine. Assuming 52 weeks in a year, what is the turnover ratio?

Reference no: EM131039503

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