Multiple Choice
Chavin Company had the following results during August: net operating income, $270,000; turnover, 9; and return on investment (ROI) 15%. Chavin Company's average operating assets were:
A) $30,000
B) $40,500
C) $2,430,000
D) $1,800,000
Correct Answer:
Verified
Correct Answer:
Verified
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