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Mason Corporation had $1,189,000 in invested assets, sales of $1,212,000, Income from operations amounting to $247,000, and a desired minimum rate of return of
Mason Corporation had $1,189,000 in invested assets, sales of $1,212,000, Income from operations amounting to $247,000, and a desired minimum rate of return of 15% Round the percentage to one decimal place. The profit margin for Mason Corporation is a. 150% b. 20.4% c. 98.1% Od. 20.8%
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