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Consider the following data for three divisions of a company, X, Y, and Z: Divisional: Sales Operating Income Investment in assets $ 1,385,000 172,000 366,300
Consider the following data for three divisions of a company, X, Y, and Z: Divisional: Sales Operating Income Investment in assets $ 1,385,000 172,000 366,300 Y $ 900,000 101,400 441,800 Z $ 5,158,000 261,100 3,061,600 The asset turnover (AT) for Division Y is calculated to be (rounded): Multiple Choice 2.21. O O 2.24 2.04 O O 3.78. 2.75
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