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    Cornerstones of Managerial Accounting
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    Exam 12: Performance Evaluation and Decentralization
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    Turnover Is Calculated as
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Turnover Is Calculated as

Question 128

Question 128

Multiple Choice

Turnover is calculated as


A) operating income/average operating assets.
B) average operating assets/operating income.
C) (beginning operating assets + ending operating assets) /2.
D) sales/average operating assets.
E) operating income/sales.

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