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Cabell Products is a division of a major corporation. Last year the division had total sales of $ 2 6 , 7 2 0 ,

Cabell Products is a division of a major corporation. Last year the division had total sales of $26,720,000, net operating income of $2,624,320, and average operating assets of $7,400,000. The company's minimum required rate of return is 15%.
The division's turnover is closest to:
Multiple Choice
10.18
3.61
0.35
2.36

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