TB MC Qu$.11-41($Static$)$ Chavin Company had the following...

Chavin Company had the following results during August: net operating income, $$220,000$; turnover, $5$ ; and ROI $25\%.$ Chavin Company's avera operating assets were:

Multiple Choice

$$880,000$

$$44,000$

$$55,000$

$$1,100,000$

Last year a company had sales of $$460,000,$ a turnover of $2\mathrm{.}9,$ and a return on investment of $75\mathrm{.}4\%.$ The company's net operating income for the year was:

Multiple Choice

$$ $ $227,240$

$$158,621$

$$119,600$

$$346,840$