QUESTION 17 Below is selected data for Mason Corporation: Invested assets Sales Income from operations Desired minimum rate of return $650,000 $700,000 $99,000 1596 The Investment turnover for Mason Corporation is: a. 0.93 b. 1.08 c. 1.04 d. 1.52 QUESTION 18 Listed below is information relating to Avey Corporation: Invested assets Sales Income from operations Desired minimum rate of return $275,000 $330,000 $60,500 7.5% The rate of return on investment for Avey Corporation is: a. 7.5% b.22% C 20.23% d. 16% QUESTION 19 Below is Information from Hamlin Corporation's records: invested assets Sales income from operations Desired minimum rate of return $220,000 $242,000 $44,000 3.0N The rate of return on investment for Hamlin Corporation is: a.22% b.3% c.4% d. 20