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Avocado Company has an operating income of $123,900 on revenues of $1,066,000. Average invested assets are $590,000, and Avocado Company has an 13% cost of

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Avocado Company has an operating income of $123,900 on revenues of $1,066,000. Average invested assets are $590,000, and Avocado Company has an 13% cost of capital. What is the profit margin? (Round your answer to the nearest whole percent.) Multiple Choice 8% O O O 13% O 12% O O 21%

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