Multiple Choice
The Cybertronics Corporation reported the following information for its Cyclotron Division:
Revenues $1,000,000
Operating costs 600,000
Taxable income 200,000
Operating assets 500,000
Income is defined as operating income.
What is the Cyclotron Division's investment turnover ratio?
a. 2.00
b. 3.33
c. 2.50
d. 0.80
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