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Mako Division had the following information: Asset base in Mako Division $400,000 Net income in Mako Division $ 50,000 Weighted average cost of capital 12%

Mako Division had the following information:

Asset base in Mako Division $400,000
Net income in Mako Division $ 50,000
Weighted average cost of capital 12%
Target ROI 15%
Margin for Mako Division 20%

What is the turnover ratio for Mako Division?

a.0.200

b.8.000

c.0.125

d.0.625

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