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The Everest Company Has Income from Operations of $80,000, Invested

Question 130

Multiple Choice

The Everest Company has income from operations of $80,000, invested assets of $500,000, and sales of $1,050,000. What is the profit margin?

A) 47.6%
B) 7.6%
C) 55.2%
D) 4.8%

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