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Selected financial data for the Printer Division of Cole Business Machines is as follows: Sales Operating income Total assets Current liabilities $6,400,000 $2,240,000 $3,200,000 $330,000
Selected financial data for the Printer Division of Cole Business Machines is as follows: Sales Operating income Total assets Current liabilities $6,400,000 $2,240,000 $3,200,000 $330,000 15% Required rate of return Weighted average cost of capital What is the Printer Division's capital turnover? A. 2.9 B. 2 C. 19.4 D. 1.4 3%
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