Answer the following questions using the information below:
The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

-What is the Tiller Division's investment turnover?
A).50
B).833
C)1.2
D)1.5

Question

Answer the following questions using the information below:
The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:
 
-What is the Tiller Division's investment turnover? 
A).50 
B).833 
C)1.2 
D)1.5

Quizplus · Accepted Answer

Investment turnover = Sales / Net Operating Assets= 400 / 48 = 8.33

Answer the Following Questions Using the Information Below