Multiple Choice
Division D of Saunders Company has sales of $350,000, cost of goods sold of $120,000, operating expenses of $58,000, and invested assets of $150,000.
What is the profit margin for Division D?
A) 42.9%
B) 83.4%
C) 49.1%
D) 65.7%
Correct Answer:
Verified
Correct Answer:
Verified
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