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What is the Cyclotron Division's investment turnover ratio

What is the Cyclotron Division's investment turnover ratio
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ACCOUNTING

Multiple Choice

The Cybertronics Corporation reported the following information for its Cyclotron Division:

 

            Revenues         $1,000,000

            Operating costs           600,000

            Taxable income           200,000

            Operating assets          500,000

 

            Income is defined as operating income.

 

What is the Cyclotron Division's investment turnover ratio?

            a.         2.00

            b.         3.33

            c.         2.50

            d.         0.80

 

FILE: MS WORD

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