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A company has a contribution margin of 25%. Sales are $600,000. Variable costs are $450,000. Net operating income is $80,000. Average operating assets are $250,000.

A company has a contribution margin of 25%.

Sales are $600,000.

Variable costs are $450,000.

Net operating income is $80,000.

Average operating assets are $250,000.

Total assets are $500,000.

Total fixed costs are $70,000

What is the company's turnover?

Group of answer choices

2.40

1.88

4.50

1.50

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