Justine is the manager of an investment center. Currently Justine has an ROI of 18%, which is well above the company's average of 15%. The company desires an ROI of new projects to be 12% to be acceptable. Justine's Operating Income is $100,000, and Sales are $1,000,000.
What is Justine's Asset Turnover (or Investment Turnover)? Round to the nearest 0.1

Q&A Education