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The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 800,000 Operating expenses $ 720,000 Operating income $ 144,000

The Electronics Division of Anton Company reports the following results for the current year:

Revenues $ 800,000
Operating expenses $ 720,000
Operating income $ 144,000
Operating assets $ 1,200,000
Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division.
The Electronic Division's turnover (asset utilization) is:

0.18.

0.1125.

0.667.

0.12.

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