8) Chavin Company had the following results during August: net operating income, $220,000 turnover, 5; and ROI 25%. Chavin Company's average operating assets were A) $880,000 B) $44,000 C) $55,000 D) $1,100,000 39) Tallon Inc. has a 1,200,000 investment opportunity that involves sales of $1,680,000, fixed expenses of $336,000, and a contribution margin ratio of 30% of sales. The turnover for this investment opportunity is closest to A) 1.40 B) 0.10 C) 10.00 D) 0.71