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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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