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The Following Information Is Available for the Soupy Company  Sales $1,000,000 Invested capital 350,000 ROI 10%\begin{array}{ll}\text { Sales } & \$ 1,000,000 \\\text { Invested capital } & 350,000 \\\text { ROI } & 10 \%\end{array}

Question 18

Multiple Choice

The following information is available for the Soupy Company:  Sales $1,000,000 Invested capital 350,000 ROI 10%\begin{array}{ll}\text { Sales } & \$ 1,000,000 \\\text { Invested capital } & 350,000 \\\text { ROI } & 10 \%\end{array} The capital turnover ratio is:


A) 0.1000
B) 0.3500
C) 2.8571
D) None of these answers is correct.

Correct Answer:

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