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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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