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Mason Corporation had $1,140,000 in invested assets, sales of $1,230,000, income from operations amounting to...

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Question

Accounting

Mason Corporation had $1,140,000 in invested assets, sales of $1,230,000, income from operations amounting to $238,000, and a desired minimum return of 15%.

Round the percentage to one decimal place.

The profit margin for Mason Corporation is

a.15.0%

b.92.7%

c.20.9%

d.19.3%

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