96% Thu 2:35 PM a E Preview File Edit View Go Tools Window Help blackboard pace

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96% Thu 2:35 PM a E Preview File Edit View Go Tools Window Help blackboard pace edu Isabella Georgopoulos O PACE UNIVERSITY My Resource Page Courses Community ePortfolio Bookstore Library Help e. $1,120 unfavorable PM 10 points save Answer QUESTION 5 Ahartz Industries is a division of a major corporation. Data concerning the most recent year appears below $7,820,000 Sales HD $445,740 Net operating income Average operating assets S2,000,000 The division's capital turnover is closest to: ho 00 PM a. 17.54 Ob. 3.91 Shot c. 3.20 31 AM d. Correct answer not listed e. 0.22 ho 53 PM QUESTION 6 10 points save Answer 1. The Harwood Company makes Harwood tables for which the following standards have been developed: Standard inputs Standard Price ho Expected for Each Expected per 9 PM

Explanation / Answer

Capital Turnover = Net Sales / Average Operating Assets

= $7,820,000/ $2,000,000

= 3.91 times

So the correct option is b) 3.91

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