Answer:
Turnover = 4.02
Step-by-step explanation:
Below is the given values:
Total sales = $25720000
Average operating assets = $6400000
Use the below formula to find the turnover.
Turnover = total sales / Average operating assets
Now plug the values in the formula and divide the total sales from average operating assets.
Turnover = 25720000 / 6400000
Turnover = 4.02