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: $\begin{array}{|l|lr|}\hline \text { Revenues } & \$ & 800,000 \\\hline \text { Operating expenses } & \$ & 720,000 \\\hline \text { Operating income } & \$ & 144,000 \\\hline \text { Operating assets } & \$ & 1,200,000 \\\hline\end{array}$ 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.