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Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $490,000; sales of $950,000; and income

Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $490,000; sales of $950,000; and income of $108,300. The investment center profit margin is:

Multiple Choice

  • 22.1%.

  • 51.6%.

  • 193.9%.

  • 452.4%.

  • 11.4%.

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