Question: sales 4 0 0 , 0 0 0 . variable expenses 2 6 0 , 0 0 0 . contribution margin 1 4 0 ,

sales 400,000. variable expenses 260,000. contribution margin 140,000. fixed expenses 40,000. net operating income 100,000. average operating assets 425,000. the turnover is closest to: 0.35,0.23,0.94,0.15.

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