Dacker Products is a division of a major corporation. The following data are for the most recent year of operations:

-The division's turnover used to compute ROI is closest to:
A) 4.56
B) 12.99
C) 3.37
D) 0.35

Question

Dacker Products is a division of a major corporation. The following data are for the most recent year of operations:
 
-The division's turnover used to compute ROI is closest to:
A) 4.56 
B) 12.99 
C) 3.37 
D) 0.35

Quizplus · Accepted Answer

Turnover = Sales ÷ Average operating assets
= $36,480,000 ÷ $8,000,000 = 4.56

Dacker Products Is a Division of a Major Corporation