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Consider the following data for three divisions of a company, X, Y, and Z: Divisional: X Y Z Sales $ 1,398,000 $ 840,000 $ 4,452,000

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

Divisional: X Y Z
Sales $ 1,398,000 $ 840,000 $ 4,452,000
Operating Income 159,700 99,300 218,600
Investment in assets 336,700 393,800 2,742,700

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

Multiple Choice

  • 2.28.

  • 2.33.

  • 2.13.

  • 4.15.

  • 2.92.

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