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Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $18,010,000 Net operating income $810,450 Average operating

Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales $18,010,000
Net operating income $810,450
Average operating assets $4,530,000

The division's margin is closest to: (Round your answer to 1 decimal place.)

17.9%

4.5%

19.1%

23.6%

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