[Solved] Aide Industries is a division of a major

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Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,520,000 Net operating income $928,560 Average operating

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

Sales	$17,520,000
Net operating income	$928,560
Average operating assets	$4,830,000

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

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