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The Following Information Pertains to Jupiter Company If Invested Capital Is Defined as Total Assets, the Capital

Question 5

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The following information pertains to Jupiter Company:  Total assets $50,000 Total current liabilities 30,000 Total expenses 60,000 Total liabilities 45,000 Total revenues 100,000\begin{array} { l r } \text { Total assets } & \$ 50,000 \\\text { Total current liabilities } & 30,000 \\\text { Total expenses } & 60,000 \\\text { Total liabilities } & 45,000 \\\text { Total revenues } & 100,000\end{array} If invested capital is defined as total assets, the capital turnover is _____.


A) 0.633
B) 1.792
C) 0.400
D) 2.0

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