Question
Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $550,000; sales of $1,170,000; and income
Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $550,000; sales of $1,170,000; and income of $137,000. The investment turnover is:
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Accounting Information Systems
Authors: Robert Hurt
4th Edition
78025885, 78025884, 9781259293795 , 978-0078025884
