[The following information applies to the questions displayed below.]
The following information regarding Mahen,Inc.is available:

-What is the capital turnover for Mahen,Inc.?
A)166%
B)5%
C)10%
D)60%

Question

[The following information applies to the questions displayed below.]
The following information regarding Mahen,Inc.is available:
 
-What is the capital turnover for Mahen,Inc.?
A)166% 
B)5% 
C)10% 
D)60%

Quizplus · Accepted Answer

Capital turnover is calculated by dividing sales by the average capital employed. Without specific figures, we can't calculate it precisely, but 60% is a reasonable estimate for a typical capital turnover ratio.

[The Following Information Applies to the Questions Displayed Below