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Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,560,000 Net operating income $1,071,160 Average operating
Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: |
Sales | $17,560,000 |
Net operating income | $1,071,160 |
Average operating assets | $4,300,000 |
The division's margin is closest to: (Round your answer to 1 decimal place.) |
24.9%
6.1%
26.1%
32.2%
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