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Figure 1 The Following Results for the Year Are for the Clark

Question 65

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Figure 1
The following results for the year are for the Clark Division of First Enterprises:
Clark's average operating assets are £300,000. Clark's minimum required rate of return is 15 percent.
-Refer to Figure 1. Profit margin for the Clark Division is
Figure 1 The following results for the year are for the Clark Division of First Enterprises: Clark's average operating assets are £300,000. Clark's minimum required rate of return is 15 percent. -Refer to Figure 1. Profit margin for the Clark Division is A) 26.7% B) 33.3% C) 40.0% D) 60.0%


A) 26.7%
B) 33.3%
C) 40.0%
D) 60.0%

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