Zync IncHad $1,150,000 in Invested Assets, Sales of $1,300,000, Operating Income

Multiple Choice

Zync Inc.had $1,150,000 in invested assets, sales of $1,300,000, operating income amounting to $185,000, and a minimum acceptable rate of return of 15% on its invested assets.Zync's profit margin is:

A) 26.0%.
B) 18.8%.
C) 16.5%.
D) 14.2%.