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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

  • 30.2%

  • 20.2%

  • 25.1%

  • 5.1%

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