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Mason Corporation had $1,018,000 in invested assets, sales of $1,289,000, income from operations amounting to...

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Question

Accounting

Mason Corporation had $1,018,000 in invested assets, sales of $1,289,000, income from operations amounting to $233,000, and a desired minimum return of 13%.

Round your answer to two decimal places.

The investment turnover for Mason Corporation is

a. 1.27

b. 1.52

c. 1.01

d. 1.90

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