Cabell Products is a division of a major corporation. Last year the division had total sales of $26,120,000, net operating income of $2,324,320, and average operating assets of $6,800,000. The company's minimum required rate of return is 15%.

The division's turnover is closest to:

Multiple Choice

• 11.24

• 3.84

• 0.34

• 2.28