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Consider the following data for three divisions of a company, X, Y, and Z: Divisional: X Y Z Sales $ 1,362,000 $ 822,000 $ 5,313,000

Consider the following data for three divisions of a company, X, Y, and Z:

Divisional: X Y Z
Sales $ 1,362,000 $ 822,000 $ 5,313,000
Operating Income 209,000 94,600 238,000
Investment in assets 448,800 389,900 3,214,000

The asset turnover (AT) for Division Z is:

Multiple Choice

  • 3.18.

  • 2.11.

  • 1.65.

  • 3.03.

  • 1.53.

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