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Which of the following formulas is the investment turnover factor as used in determining the rate of return on investment? a. Sales/Invested assets b. Income
Which of the following formulas is the investment turnover factor as used in determining the rate of return on investment?
a. | Sales/Invested assets |
b. | Income from operations/Sales |
c. | Invested assets/Sales |
d. | Income from operations/Invested assets |
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