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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
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3.18.
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2.11.
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1.65.
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3.03.
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1.53.
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