Multiple Choice
Kragle Corporation reported the following financial data for one of its divisions for the year;average invested assets of $470,000;sales of $930,000;and income of $105,000.The investment center profit margin is:
A) 22.3%.
B) 50.5%.
C) 197.9%.
D) 447.6%.
E) 11.3%.
Correct Answer:
Verified
Correct Answer:
Verified
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