Beak Industries Is a Division of a Major Corporation

question 83

Multiple Choice

Beak Industries is a division of a major corporation. Last year the division had total sales of $10,600,000, net operating income of $1,070,600, and average operating assets of $4,000,000.
-The division's margin is closest to:

• A) 37.7%
• B) 26.8%
• C) 47.8%
• D) 10.1%

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