Mako Division Had the Following Information What Is the Turnover Ratio for Mako Division?
A)0

Multiple Choice

Mako Division had the following information: $$\begin{array} { l r } \text { Asset base in Mako Division } & \$ 400,000 \\\text { Net income in Mako Division } & \$ 50,000 \\\text { Weighted average cost of capital } & 12 \% \\\text { Target ROI } & 15 \% \\\text { Margin for Mako Division } & 20 \%\end{array}$$ What is the turnover ratio for Mako Division?

A) 0.200
B) 0.625
C) 0.125
D) 8.000