Question
**Question was previously posted, I followed the example and got it wrong, please help!** Results from Riadapi Company are as follows: Operating Income $8314 Total
**Question was previously posted, I followed the example and got it wrong, please help!**
Results from Riadapi Company are as follows:
| Operating Income | $8314 |
| Total Assets | $15699 |
| Current Liabilities | $3985 |
| Sales | $34809 |
| Target Rate of Return (Cost of Capital) | 14% |
Calculate capital turnover. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.
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Accounting For Managers Financial Accounting
Authors: Morusu Sivasankar
1st Edition
6200624909, 978-6200624901
