Baad Industries Is a Division of a Major Corporation

question 49

Multiple Choice

Baad Industries is a division of a major corporation. Last year the division had total sales of $20,440,000, net operating income of $1,860,040, and average operating assets of $7,000,000. The division's margin is closest to:

• A)9.1%
• B)34.2%
• C)26.6%
• D)43.3%

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Definitions:

Voidable

A term referring to a legal agreement or transaction that may be declared invalid by one of the parties due to certain defects or irregularities.

Voidable

Voidable is a legal term describing a contract or transaction that may be valid but can be annulled by one of the parties due to certain deficiencies.

Undue Influence

A situation where an individual is able to persuade another's decisions due to the relationship between the two parties, often leading to an unfair advantage.

Dominant Person

An individual or entity in a position of power or influence over others, often within a legal or business context.