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Grizz Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $ 18,080,000 Net operating income $ 940,160

Grizz Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $ 18,080,000 Net operating income $ 940,160 Average operating assets $ 4,810,000 The division's margin is closest to:

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