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Question(s) / Instruction(s):

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below:

  Sales                                                                                                    $17,520,000 

  Net operating income                                                                                  $928,560 

  Average operating assets                                                                          $4,830,000 

The divisions turnover is closest to:

a)            0.19

b)            3.63

c)            5.20

d)            18.87

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