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Mason Corporation had $1,080,000 in invested assets, sales of $1,224,000, operating income amounting to $208,000, and a desired minimum return on investment of 15%. The

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Mason Corporation had $1,080,000 in invested assets, sales of $1,224,000, operating income amounting to $208,000, and a desired minimum return on investment of 15%. The investment turnover for Mason Corporation is Oa. 0.91 Ob. 1.36 Oc. 1.13 Od. 1.70 The following information is available from the current period financial statements: Net income $126,404 Depreciation expense 27,964 Increase in accounts receivable 14,688 Decrease in accounts payable 16,250 The net cash flow from operating activities using the indirect method is Oa. $185,306 Ob. $67,502 Oc. $126,404 Od. $123,430

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