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King Crimson Company is a division of a major corporation. Data concerning the most recent year appears below: Sales $18,310,000 Net operating income $1,171,840 Average

King Crimson Company is a division of a major corporation. Data concerning the most recent year appears below:

Sales $18,310,000
Net operating income $1,171,840
Average operating assets $5,550,000

The division's turnover is closest to: (Round your answer to 2 decimal places.)

3.30

15.63

4.74

0.21

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