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1. 2. Assume the Residential Division of Kitridge Faucets had the following results last year: Net sales revenue Operating income Average total assets Management's target

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Assume the Residential Division of Kitridge Faucets had the following results last year: Net sales revenue Operating income Average total assets Management's target rate of return What is the division's profit margin ratio? $4,160,000 624,000 5,200,000 17% O B. 12% OC. 80% D. 15%

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