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Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,180,000 in invested assets, sales of $1,219,000, Income from operations

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Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,180,000 in invested assets, sales of $1,219,000, Income from operations amounting to $222,000, and a desired minimum return of 12%. Round the percentage to one decimal place. The profit margin for Mason Corporation is Oa. 18.8% Ob. 120% Oc. 96.8% Od. 18.2% 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 Cost of goods sold $45,000 $31,500 Direct operating expenses 28,000 21,700 Sales 97,500 65,000 Interest expense $2,100 General overhead 18,600 Income tax 4,300 The gross profit for the Rails Division is Oa. $52,500 Ob. $69,500 Oc. 597,500 Od. $24,500

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