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The following information pertains to the three divisions of Yang Company: Division A Division B Division C Sales ? ? $1,345,000 Net operating income $48,000
The following information pertains to the three divisions of Yang Company:
Division A | Division B | Division C | |
Sales | ? | ? | $1,345,000 |
Net operating income | $48,000 | $18,000 | $82,000 |
Average operating assets | $420,000 | ? | ? |
Return on investment | ? | 15% | 20% |
Margin | 0.2 | 0.015 | ? |
Turnover | 2.1 | ? | ? |
Target ROI | 17% | 14% | 8% |
What is the turnover for Division C?
a.6.670
b.3.28
c.1.500
d.0.20
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