Asked by Victor Bedoya on Apr 29, 2024
Verified
The division's turnover is closest to:
A) 3.26
B) 0.31
C) 2.48
D) 10.42
Division's Turnover
The total sales generated by a specific division of a company within a given period.
- Appraise and scrutinize the profitability metrics and turnover rates in prospective investment avenues.
Verified Answer
SS
Shannon SangsterMay 01, 2024
Final Answer :
A
Explanation :
Turnover = Sales ÷ Average operating assets
= $19,560,000 ÷ $6,000,000 = 3.26
= $19,560,000 ÷ $6,000,000 = 3.26
Learning Objectives
- Appraise and scrutinize the profitability metrics and turnover rates in prospective investment avenues.