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A Company's International Division Had Sales of $20 Billion,net Income

Question 4

Multiple Choice

A company's international division had sales of $20 billion,net income of $1.5 billion,and average invested assets of $2 billion.What is this division's profit margin?


A) 75%
B) 10%
C) 7.5%
D) 133%
E) $18 billion

Correct Answer:

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