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    Survey of Accounting Study Set 7
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    Exam 14: Performance Evaluation for Decentralized Operations
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    The Investment Turnover Is Calculated as the Ratio of Sales
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The Investment Turnover Is Calculated as the Ratio of Sales

Question 19

Question 19

Multiple Choice

The investment turnover is calculated as the ratio of sales to:


A) operating income.
B) invested assets.
C) marketable investments.
D) profit margin.

Correct Answer:

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