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Mason Corporation has $650,000 in invested or fixed assets, sales of $700,000, and operating expenses of $601,000. What is the profit margin for Mason Corp.?
Mason Corporation has $650,000 in invested or fixed assets, sales of $700,000, and operating expenses of $601,000. What is the profit margin for Mason Corp.?
a. 7.1% |
b. 20% |
c. 15.2% |
d. 14.1% |
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