Multiple Choice
Mako Division had the following information: Asset base in Mako Division $400,000
Net income in Mako Division $50,000
Weighted average cost of capital 12%
Target ROI 15%
Margin for Mako Division 20%
What is the turnover ratio for Mako Division?
A) 0.200
B) 0.625
C) 0.125
D) 8.000
Correct Answer:
Verified
Correct Answer:
Verified
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