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What the investment turnover is

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Reference no: EM132973561

Problem 1: Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $475,000; sales of $945,000; and income of $107,000. The investment turnover is:

Multiple Choice

Option 1: 22.10.
Option 2: 50.30.
Option 3: 1.99.
Option 4: 443.90.
Option 5: 11.30.

Reference no: EM132973561

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