The Cybertronics Corporation reported the following information for its Cyclotron Division:

Income is defined as operating income.
What is the Cyclotron Division's investment turnover ratio?
A) 1.92
B) 1.56
C) 0.81
D) 1.23

Question

The Cybertronics Corporation reported the following information for its Cyclotron Division:

Income is defined as operating income.
What is the Cyclotron Division's investment turnover ratio?
A) 1.92 
B) 1.56 
C) 0.81 
D) 1.23

Quizplus · Accepted Answer

Investment turnover ratio = $2,500,000 / $1,300,000 = 1.92

The Cybertronics Corporation Reported the Following Information for Its Cyclotron