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Assume the Residential Division of Kitridge Faucets had the following results last year: Net sales revenue Operating income Average total assets Managements target rate of
Assume the Residential Division of Kitridge Faucets had the following results last year: Net sales revenue Operating income Average total assets Managements target rate of return What is the division's asset turnover ratio? $ 3,180,000 795,000 5,300,000 1496 O A. 0.60 B. 1.67 O C. 0.25 O D. 0.15
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