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Genki Company had sales revenue in its first year of operations of $1,432,600 resulting in an operating income of $200,564. The average Investment in assets

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Genki Company had sales revenue in its first year of operations of $1,432,600 resulting in an operating income of $200,564. The average Investment in assets total $377000and the cost of capital (otherwise known as a hurdle rate) is 17% What is the investment turnover of Genki Company? Multiple Choice O 0.26 53 20% 380 14.005

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