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Division X of O'Blarney Company Has Sales of $300,000, Cost

Question 140

Multiple Choice

Division X of O'Blarney Company has sales of $300,000, 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 X?


A) 81.3%
B) 20.2%
C) 40.7%
D) 60%

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