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URGENT PLEASE HELP! Question 35 1 pts Our company reported the following financial numbers for one of its divisions for the year; average total assets
URGENT PLEASE HELP!
Question 35 1 pts Our company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,000. Assume a target income of 10% of average invested assets. The investment center profit margin is: 43.6%. 13.3%. 197.9%. 14.7%. 11.3%Step by Step Solution
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