Calculate capital turnover


Results from Riadapi Company are as follows:

 

Operating Income $8744
Total Assets $15835
Current Liabilities $3423
Sales $34913
Target Rate of Return (Cost of Capital) 15%

 

Calculate capital turnover. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.

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Accounting Basics: Calculate capital turnover
Reference No:- TGS0697944

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