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  3. assume the residential division of kipper faucets

Assume the Residential Division of Kipper Faucets had the following results last year: Net sales...

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Accounting

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Assume the Residential Division of Kipper Faucets had the following results last year: Net sales revenue $ 4,160,000 Operating income Average total assets Management's target rate of return 1,040,000 5,200,000 16% What is the division's profit margin ratio? O A. 400% B. 80% OC. 25% OD. 20%

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