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Altira Inc. has sales revenue of $942,500 resulting in an operating income of $94,250. Average Investment in assets total $377,000 and the cost of capital

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Altira Inc. has sales revenue of $942,500 resulting in an operating income of $94,250. Average Investment in assets total $377,000 and the cost of capital hurdle rate) is 15%. What is the investment turnover of Altira? Multiple Choice 10.00% 25.00% O 0.40 2.50

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