Division A of Mocha company has sales of $155,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $150,000. What is the investment turnover for Division A? a. 1.03 b. 1.0 c. 5.17 d. 5.34 If budgeted beginning inventory is $8, 300, budgeted ending inventory is $9, 400, and budgeted cost of goods sold is $10, 260, budgeted purchases should be: a. $1, 100 b. $9, 300 c. $11, 360 d. $11, 250 Next year's sales forecast shows that 20,000 units of Product A and 22,000 units of Product B are going to be sold for prices of $10 and $12, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 2,000 units. The beginning inventory of Product B is 2, 500 units. The desired ending inventory of B is 3,000 units. Total budgeted sales of both products for the year would be: a. $42,000 b. $200,000 c. $264,000 d. $464,000 Budgeted purchases of Product A for the year would be: a. 22, 400 units. b. 20, 400 units c. 20,000 units d. 12, 200 units The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31