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Blair Inc. had $725,000 in invested assets, sales of $1,100,000, operating income amounting to $72,000, and a minimum acceptable rate of return of 14% on
Blair Inc. had $725,000 in invested assets, sales of $1,100,000, operating income amounting to $72,000, and a minimum acceptable rate of return of 14% on its invested assets. Blair's investment turnover is _____. a. 1.3 b. 1.1 c. 1.5 d. 1.7
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