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Question

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Safari File Edit View History Bookmarks Window Help Thu 2:33 PM blackboard.pace.edu PACE UNIVERSITY My Resource Page Courses Community ePortfolioBookstore Library Help QUESTION 2 10 points Save Answer Ahartz Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income. Average operating assets... S7,820,000 $445,740 S2,000,000 The division's capital turnover is closest to O b. O c O d. a. 3.91 b. 17.54 c. 3.20 d. Correct answer not listed e. 0.22 QUESTION 3 10 points Save Answer 1. The Harwood Company makes Harwood tables for which the following standards have been developed a Disla DEC oc.docx 17 3D

Explanation / Answer

capital turnover = sales/ average opearting assets

capital turnover=7820000/2000000=3.91

a) is the answer