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#48) Division M had sales of $1,250,000 and income of $75,000 and a 10 percent cost of capital and a 15 percent return on investment.
#48)
Division M had sales of $1,250,000 and income of $75,000 and a 10 percent cost of capital and a 15 percent return on investment. How much was its profit margin?
Group of answer choices
6%
1.5%
4%
9%
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