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A retailer reports the following for its geographic divisions for the year. The profit margin for its Europe division is: Income Sales Americas $

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A retailer reports the following for its geographic divisions for the year. The profit margin for its Europe division is: Income Sales Americas $ 616,000 2,200,000 Europe $ 228,480 1,088,000 China $ 163,200 680,000 Multiple Choice 15% 21%. 24% 28% C 36%

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