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Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $18,200,000 Net operating income $934,000 Average operating

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales $18,200,000
Net operating income $934,000
Average operating assets $4,800,000

The division's turnover is closest to:

Multiple Choice

  • 3.17

  • 19.49

  • 0.19

  • 3.79

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