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Flamengo Co. is a sporting goods manufacturing company. The performance numbers of the Soccer Division are as follow: Soccer Division Sales ? Average operating
Flamengo Co. is a sporting goods manufacturing company. The performance numbers of the Soccer Division are as follow: Soccer Division Sales ? Average operating assets Net operating income 30,000 Return on investment 2% Turnover ? Margin 0.4% Target ROI 2.5% What is the Turnover of this division?
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