The Electronics Division of Anton Company Reports the Following Results

Multiple Choice

The Electronics Division of Anton Company reports the following results for the current year: $\begin{array}{lrl}\text { Revenues } &\$ 800,000 \\\text { Operating expenses } & \$ 656,000 \\\text { Operating income } & \$ 144,000 \\\text { Operating assets } & \$ 1,200,000\end{array}$

Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division. The Electronic Division's turnover (asset utilization) is:

A) 0.1125.
B) 0.12.
C) 0.667.
D) 0.18.