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1 Deano Products is a division of a major corporation. The following data are for the last year of operations: Sales $19,080,000 Net operating income

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Deano Products is a division of a major corporation. The following data are for the last year of operations: Sales $19,080,000 Net operating income $591480 Average operating assets $6,000,000 Minimum required rate of return 12% The division?s margin is closest to: 9.9% 3.1% 34.5% 31.4%

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1 Deano Products is a division of a major corporation. The following data are for the last year of operations: Sales $19,080,000 Net operating income

1 Deano Products is a division of a major corporation. The following data are for the last year of operations: Sales $19,080,000 Net operating income $591480 Average operating assets $6,000,000 Minimum required rate of return 12% The division?s margin is closest to: 9.9% 3.1% 34.5% 31.4%

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1

Deano Products is a division of a major corporation. The following data are for the last year of operations: Sales $19,080,000 Net operating income $591480 Average operating assets $6,000,000 Minimum required rate of return 12% The division?s margin is closest to: 9.9% 3.1% 34.5% 31.4%