Dillon requires a minimum return on its investment 0f 25, Financial Accounting

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Dillon requires a minimum return on its investment 0f 25

Dillon requires a minimum return on its investment 0f 25%. Dillon has the following information available for one of its divisions:Average operating assets $4,000,000. Sales $4,800,000. Reurn on investment 30%. Based on this information, what is the divisions asset turnover (rounded to two decimal places)?

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Financial Accounting: Dillon requires a minimum return on its investment 0f 25

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