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The following information pertains to Travis Concrete: Sales revenue Gross margin Income Invested capital $2,150,000 730,000 103,000 580,000 The company's imputed interest rate is 7%.
The following information pertains to Travis Concrete: Sales revenue Gross margin Income Invested capital $2,150,000 730,000 103,000 580,000 The company's imputed interest rate is 7%. The capital turnover is: Multiple Choice 3.71. 17.76. O 5.63. 26.98. O 20.87
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