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Wintert None of the watches er and her Rehabit 11- 1Ah sinh e company' s o s ten percent with division $585.000 S130.000 24.00 S120.000

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Wintert None of the watches er and her Rehabit 11- 1Ah sinh e company' s o s ten percent with division $585.000 S130.000 24.00 S120.000 None of the answer choices is correct 10. Which of the following statements is the regarding the use of the operating profit margas performance measure? a. It includes the assets that produced the income b. It ignores the assets that produced the income. c. It is calculated as net income divided by sales d. It is calculated as sales divided by operating income. e. None of the answer choices is correct. Exhibit 11-3 Dillon Company has the following information available for one of its divisions: Average operating assets Sales Return on investment (ROI) $4,000,000 $4.800.000 30% 17. Refer to Exhibit 11-3. Dillon requires a minimum return on its investments of 25%. Based on this information, what is the division's asset turnover (rounded to two decimal places? a. 2.78 b. 0.83 c. 4.00 d. 1.20 e. None of the answer choices is correct

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