Question
TB MC Qu. 22-137 (Algo) Kragle Corporation reported the following... Kragle Corporation reported the following financial data for one of its divisions for the year;
TB MC Qu. 22-137 (Algo) Kragle Corporation reported the following...
Kragle Corporation reported the following financial data for one of its divisions for the year; average assets of $600,000; sales of $1,060,000; and income of $132,500. The investment center profit margin is:
Multiple Choice
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22.1%.
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56.6%.
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176.7%.
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452.8%.
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12.5%.
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Accounting Principles Volume 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara A. Trenholm, Valerie A. Kinnear, Joan E. Barlow
6th Canadian Edition
1118557328, 978-1118557327
