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    International Boot Company Has Operating Income of $80,000, Invested Assets
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International Boot Company Has Operating Income of $80,000, Invested Assets

Question 95

Question 95

Multiple Choice

International Boot Company has operating income of $80,000, invested assets of $500,000, and sales of $1,525,000.
-The investment turnover for International Boot Company is


A) 16.0
B) 3.05
C) 0.33
D) 27.5

Correct Answer:

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