Kragle Corporation reported the following financial data for one of its divisions for the year;...
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Accounting
Kragle Corporation reported the following financial data for one of its divisions for the year; average assets of $670,000; sales of $1,130,000; and income of $149,160. The investment center profit margin is:
Multiple Choice
13.2%.
449.2%.
168.7%.
22.3%.
59.3%.
Kragle Corporation reported the following financial data for one of its divisions for the year; average assets of $670,000; sales of $1,130,000; and income of $149,160. The investment center profit margin is: Multiple Choice 13.2% 449.2%. 168.7% 22.3% 59.3%
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