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Florida Incorporated has sales revenue of $ 1 , 8 7 5 , 0 0 0 resulting in net operating income of $ 1 8

Florida Incorporated has sales revenue of $1,875,000 resulting in net operating income of $187,500. Average invested assets total $375,000, and the cost of capital is 19%. What is the investment turnover?
Multiple Choice
10.00%
50.00%
0.20
5.00
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