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

Divisional:	X	Y	Z
Sales	$ 1,367,000	$ 978,000	$ 5,010,000
Operating Income	147,200	99,500	275,800
Investment in assets	378,200	323,300	3,996,400

The asset turnover (AT) for Division Y is calculated to be (rounded):

Multiple Choice

• 3.12.

• 3.23.

• 3.03.

• 3.61.

• 4.22.