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Mason Corporation had $ 1 , 1 4 0 , 0 0 0 in invested assets, sales of $ 1 , 2 8 3 ,

Mason Corporation had $1,140,000 in invested assets, sales of $1,283,000, operating income amounting to $246,000, and a desired minimum return on investment of 12%.
The profit margin (rounded to one decimal place) for Mason Corporation is
a.88.9%
b.21.6%
c.12.0%
d.19.2%

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