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Answer the Following Questions Using the Information Below:
the Echuca

Question 72

Multiple Choice

Answer the following questions using the information below:
The Echuca Electrical Corporation reported the following information for its Coaxial Cables Division:
 Revenues $1000000 Operating costs 600000 Taxable income 200000 Operating assets 500000\begin{array} { l r } \text { Revenues } & \$ 1000000 \\\text { Operating costs } & 600000 \\\text { Taxable income } & 200000 \\\text { Operating assets } & 500000\end{array} Profit is defined as operating profit.
-What is the Coaxial Cables Division's investment turnover ratio?


A) 2.00
B) 2.50
C) 3.33
D) 0.80

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