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Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $545,000; sales of $1,155,000; and income
Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $545,000; sales of $1,155,000; and income of $135,000. The investment turnover is:
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- 19.00.
- 47.20.
- 2.12.
- 403.70.
- 11.70.
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