Consider the following data for three divisions of a company, X, Y, and Z:



Divisional: X Y Z
Sales $ 1,365,000 $ 902,000 $ 4,826,000
Operating Income 154,700 89,100 236,700
Investment in assets 318,700 380,000 3,110,200


The asset turnover (AT) for Division Y is calculated to be (rounded):

Multiple Choice

2.54.


2.57.


2.37.


4.28.


3.18.



Answer :

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