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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?

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6%

1.5%

4%

9%

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