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Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $ 17,910,000 Net operating income $ 1,199,970
Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below:
| Sales | $ | 17,910,000 |
| Net operating income | $ | 1,199,970 |
| Average operating assets | $ | 4,250,000 |
The division's margin is closest to:
Multiple Choice
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28.2%
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6.7%
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29.4%
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36.1%
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Finance And Accounting For Business
Authors: Bob Ryan
1st Edition
9781861529930
