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Hardin Division of WestCo

Question 87

Multiple Choice

Hardin Division of WestCo.has sales of $300,000 and NOPAT of $15,000.The company's invested capital is $240,000 and its noninterest-bearing current liabilities are $20,000.What is Hardin Division's investment turnover as it relates to investment center performance evaluation?


A) 5.00
B) 6.25
C) 1.25
D) 0.80

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