Multiple Choice
Division 3 of Baritune Enterprises reported sales of $820,000, NOPAT totaling $61,500, interest expense of $8,000, and invested capital totaling $512,500.Its income tax rate is 30 percent.As it pertains to evaluating investment centers, how much is Division 3's profit margin?
A) 12.0%
B) 7.5%
C) 8.2%
D) 1.6%
Correct Answer:

Verified
Correct Answer:
Verified
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