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The Electronics Division of Anton Company reports the following results for the current year: Revenues $800,000 Operating expenses $720,000 Operating income $144,000 Operating assets $1,200,000
The Electronics Division of Anton Company reports the following results for the current year: Revenues $800,000 Operating expenses $720,000 Operating income $144,000 Operating assets $1,200,000 Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division. The Electronic Divisions margin is?
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