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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 Y Z $1,428,000 $911,000
Consider the following data for three divisions of a company, X, Y, and Z: Divisional: Sales Operating Income Investment in assets Y Z $1,428,000 $911,000 $5,192,000 147,500 78,700 310, 300 377,100 256,800 4,986, 100 The asset turnover (AT) for Division Y is calculated to be (rounded)
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