Kragle Corporation Reported the Following Financial Data for One of Its

question 21

Multiple Choice

Kragle Corporation reported the following financial data for one of its divisions for the year;average invested assets of $470,000;sales of $930,000;and income of $105,000.The investment center profit margin is:

• A)22.3%.
• B)50.5%.
• C)197.9%.
• D)447.6%.
• E)11.3%.