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Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,178,000 in invested assets, sales of $1,281,000, income from operations

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Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,178,000 in invested assets, sales of $1,281,000, income from operations amounting to $233,000, and a desired minimum return of 14%. Round the percentage to one decimal place. The profit margin for Mason Corporation is Oa.92.0% Ob. 14.0% Oc. 18.2% Od. 19.8% Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Rails Locomotive Corporate Division Division Total $47,300 $31,500 Cost of goods sold 21,000 Direct operating expenses 27,300 66,400 94,200 Sales $2,400 Interest expense 18,500 General overhead 4,100 Income tax The gross profit for the Rails Division is Oa. $46,900 Ob. $94,200 Oc. $19,600 Od. $66,900

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