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20 The International Boot Company has income from operations of $80,000, invested assets of $500,000, and sales of $1,525,000. What is the profit margin? a.

The International Boot Company has income from operations of $80,000, invested assets of $500,000, and sales of $1,525,000. What is the profit margin? a. 16.0% b. 33.3% c. 19.1% d. 5.2%

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