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Hunts Well Corporation has two major divisions: Agricultural Products and Industrial Products. It provides the following information for the year 2014. Calculate the profit margin

Hunts Well Corporation has two major divisions: Agricultural Products and Industrial Products. It provides the following information for the year 2014.

Calculate the profit margin ratio for the Industrial Division of the company.

Sales revenue Operating income Average assets Agriculture Division Industrial Division $140,000 $1,040,000 $16,400 $218,400 $300,000 $5,540,000

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