Multiple Choice
For the current year,Winston Inc.reported sales of $800 000 and an asset turnover of 2.The rate of return on average invested assets was 20 per cent.The company's margin for the year was:
A) 10 per cent
B) 40 per cent
C) 25 per cent
D) 50 per cent
Correct Answer:
Verified
Correct Answer:
Verified
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