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The following information is available for the ThompsonCompany: Sales for year $1,000,000 Average invested capital for year $500,000 Return on investment 10% What is the

The following information is available for the ThompsonCompany:

Sales for year $1,000,000

Average invested capital for year $500,000

Return on investment 10%

What is the capital turnoverratio?

A.

0.50

B.

0.35

C.

2.00

D.

0.10

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