Multiple Choice
Chicks Corporation had $1,100,000 in invested assets, sales of $1,210,000, operating income amounting to $302,500, and a desired minimum return on investment of 15%.
-The profit margin for Chicks Corporation is
A) 25%
B) 22%
C) 15%
D) 27.5%
Correct Answer:
Verified
Correct Answer:
Verified
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