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Segment Reporting : A conglomerate operates three business segments: Segment X generated revenues of $2,000,000 and operating income of $500,000; Segment Y generated revenues of

Segment Reporting: A conglomerate operates three business segments: Segment X generated revenues of $2,000,000 and operating income of $500,000; Segment Y generated revenues of $1,500,000 and operating income of $300,000; and Segment Z generated revenues of $1,200,000 and operating income of $200,000. Calculate the operating margin for each segment and discuss their relative profitability.

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