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Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,830,000 Net operating income $838,010 Average operating
| Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: |
| Sales | $17,830,000 |
| Net operating income | $838,010 |
| Average operating assets | $4,570,000 |
| The division's margin is closest to: (Round your answer to 1 decimal place.) |
19.5%
18.3%
4.7%
24.2%
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Auditing And Assurance Services Plus Pearson MyLab Accounting With Pearson EText
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
17th Global Edition
1292312106, 978-1292312101
