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Florida Inc. has revenues of $2,095,500 resulting in an operating income of $293,370. Average invested assets total $381,000, the cost of capital's 15%. The investment
Florida Inc. has revenues of $2,095,500 resulting in an operating income of $293,370. Average invested assets total $381,000, the cost of capital's 15%. The investment turnover is: Multiple Choice 14.00% 5.50 0.18 77.00%
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