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Babak Industries is a division of a major corporation. Last year the division had total sales of $21,360,000, net operating income of $1,895,760, and average

Babak Industries is a division of a major corporation. Last year the division had total sales of $21,360,000, net operating income of $1,895,760, and average operating assets of $7,800,000.

The division's turnover is closest to:

Multiple Choice

  • 2.74

  • 0.24

  • 1.96

  • 11.27

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