Information for Duncan Corporation is shown below:   20X1 Net Income ₱   400,000    Average Investment ₱1,000,000  Sales Revenue ₱2,000,000  The capital turnover is.. Show solution Group of answer choices 2.5 5 2

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...
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Information for Duncan Corporation is shown below:

 

20X1

Net Income

₱   400,000   

Average Investment

₱1,000,000 

Sales Revenue

₱2,000,000 

The capital turnover is.. Show solution

Group of answer choices

2.5

5

2

4

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ISBN:
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