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Week 7: Quiz i 4 Assume a company reported the following results. Sales $ 400, 000 Variable expenses 260, 000 Contribution margin 140, 000 Fixed

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Week 7: Quiz i 4 Assume a company reported the following results. Sales $ 400, 000 Variable expenses 260, 000 Contribution margin 140, 000 Fixed expenses 40, 900 points Net operating income $ 100, 090 Average operating assets $ 300, 000 The turnover is closest to Multiple Choice O 0.35 0.22 O 1.33 O 014

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