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Beta Division Had the Following Information -Refer to the Figure

Question 82

Multiple Choice

Beta Division had the following information:
 Asset base in Beta Division $400,000 Net income in Beta Division $50,000 Weighted average cost of capital 12% Target ROI 15% Margin for Beta Division 20%\begin{array} { l r } \text { Asset base in Beta Division } & \$ 400,000 \\\text { Net income in Beta Division } & \$ 50,000 \\\text { Weighted average cost of capital } & 12 \% \\\text { Target ROI } & 15 \% \\\text { Margin for Beta Division } & 20 \%\end{array}
-Refer to the figure.What is the turnover ratio for Beta Division?


A) 0.125
B) 0.200
C) 0.625
D) 8.000

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