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Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $570,000; sales of $1,030,000; and income
Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $570,000; sales of $1,030,000; and income of $125,660. The investment center profit margin is:
Multiple Choice
22.0%.
55.3%.
180.7%.
453.6%.
12.2%.
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