Question: Please explain the correct approach for solving this general accounting question. Crescent Corp. requires a minimum return of 18% on its investments. For one of

Please explain the correct approach for solving this general accounting question.

Crescent Corp. requires a minimum return of 18% on its investments. For one of its divisions, the following data is provided: Average operating assets: $5,500,000 Sales: $6,325,000 Return on Investment (ROI): 22% What is the division's asset turnover

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