Question
(LO 9) Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $490,000; sales of $990,000;
(LO 9) Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $490,000; sales of $990,000; and income of $113,000. The investment turnover is:
Multiple Choice
-
21.30.
-
49.50.
-
2.02.
-
433.60.
-
11.40.
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
