Weafer Inc. reported the following results from last year's operations: Sales$14,000,000Variable expenses 9,560,000Contribution margin 4,440,000Fixed expenses 3,740,000Net operating income$700,000Average operating assets$7,000,000 Last year's turnover was closest to:
A. 2.00
B. 0.05
C. 20.00
D. 0.50
Answer: A
Business
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