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Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $580,000; sales of $1,040,000; and income
Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $580,000; sales of $1,040,000; and income of $127,920. The investment center profit margin is:
Multiple Choice
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22.1%.
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55.8%.
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179.3%.
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453.4%.
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12.3%.
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