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Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $ 17,570,000 Net operating income $ 860,930
Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales | $ | 17,570,000 |
Net operating income | $ | 860,930 |
Average operating assets | $ | 4,950,000 |
The division's margin is closest to:
Multiple Choice
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17.4%
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4.9%
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18.6%
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23.5%
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