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Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets The margin is closest to:

Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets The margin is closest to: $ 400,000 260,000 140,000 96,000 $ 44,000 $ 350,000 Multiple Choice 114.3%. 11.0%. 35.0%. 12.9%

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