Multiple Choice
Division A of Chacha Company has sales of $140,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $150,000.
-The profit margin for Division A is
A) 11.1%
B) 10.0%
C) 9.0%
D) 0.90%
Correct Answer:
Verified
Correct Answer:
Verified
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