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  3. 10 mason corporation had $1,103,000 in invested as

10 Mason Corporation had $1,103,000 in invested assets, sales of $1,202,000, income from operations amounting...

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Question

Accounting

10

Mason Corporation had $1,103,000 in invested assets, sales of $1,202,000, income from operations amounting to $237,000, and a desired minimum return of 14%.

Round your answer to two decimal places.

The investment turnover for Mason Corporation is

a.1.31

b.0.87

c.1.09

d.1.63

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