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Blancher Corporation Had $495,000 in Invested Assets,sales of $660,000,income from Operations

Question 67

Multiple Choice

Blancher Corporation had $495,000 in invested assets,sales of $660,000,income from operations amounting to $99,000,and a desired minimum rate of return of 15%.The profit margin for Blancher is:


A) 16%.
B) 20%.
C) 18%.
D) 15%.

Correct Answer:

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