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The following data pertain to the Whalen Division of Northern Industries. The margin at Whalen was exactly the same in Year 2 as It was

The following data pertain to the Whalen Division of Northern Industries. The margin at Whalen was exactly the same in Year 2 as It was in Year 1. The return on Investment in Year 1 was: 32.50% 7.58% 1.92% 48.00%

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