Condor Company
Condor Company Provided the Following Information for Last

Multiple Choice

Condor Company
Condor Company provided the following information for last year: $\begin{array}{ll}\text { Operating income } & \$ 60,000 \\\text { Sales } & \$ 240,000 \\\text { Beginning operating assets } & \$ 440,000 \\\text { Ending operating assets } & \$ 450,000\end{array}$
-Refer to Condor Company. What was the company's turnover ratio?

A) 0.10
B) 0.16
C) 0.32
D) 0.54