Multiple Choice
Baad Industries is a division of a major corporation. Last year the division had total sales of $20,440,000, net operating income of $1,860,040, and average operating assets of $7,000,000. The division's margin is closest to:
A) 9.1%
B) 34.2%
C) 26.6%
D) 43.3%
Correct Answer:
Verified
Correct Answer:
Verified
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