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Lumber division of Hogan Inc. reported a profit margin of 17% and a return on investment of 21.76%. Compute the investment turnover for Hogan. (round

Lumber division of Hogan Inc. reported a profit margin of 17% and a return on investment of 21.76%.

Compute the investment turnover for Hogan. (round the number to two decimal points. E.g., 2.52).

Group of answer choices

1.28

5.88

0.02

0.78

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