turnover = sales/average operating assets

The following information is available for the Tyson Division of JlVr-2Ht Company and the single product it manufactures for the most recent year: ..... selling price per unit variable costs per unit annual fixed costs average operating assets minimum required rate of return residual income $35.00 $20.00 $610,000 $1,500,000 10% $50,000 ... #. Calculate Tyson Division's turnover for the most recent year