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New Age Designs located in Indianapolis, Indiana reported the following financial data. Sales $18,120,000 Net operating income $1,177,800 Average operating assets $4,450,000 New Age Design's
| New Age Designs located in Indianapolis, Indiana reported the following financial data. |
| Sales | $18,120,000 |
| Net operating income | $1,177,800 |
| Average operating assets | $4,450,000 |
| New Age Design's margin is closest to: (Round your answer to 1 decimal place.) |
6.5%
34.2%
27.7%
26.5%
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Financial Accounting
Authors: John Hoggett, Lew Edwards, Evelyn Hogg, John Medlin, Matthew Tilling
8th Edition
1742466362, 978-1742466361
