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. 3.20
B. 13.16
C. 4.22
D. 0.32
Answer: C
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The use of p=50%, q=50% is a research industry standard at least in part because:
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Discuss how activity-based costing and activity based management support continuous improvement in an organization