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Cabell Products is a division of a major corporation. Last year the division had total...

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Accounting

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Cabell Products is a division of a major corporation. Last year the division had total sales of $25,320,000, net operating income of $1,924,320, and average operating assets of $6,000,000. The company's minimum required rate of return is 10%. The division's turnover is closest to: A) 4.22 B) 0.32 C) 3.20 D) 13.16

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