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Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,900,000 Net operating income $910,000 Average operating
Aide Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales | $17,900,000 |
Net operating income | $910,000 |
Average operating assets | $4,500,000 |
The division's margin is closest to:
Multiple Choice
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30.2%
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20.2%
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25.1%
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5.1%
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