Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $470,000; sales of $930,000; and income of $105,000. The investment center profit margin is:

a) 22.3%

b) 50.5%

c) 197.9%

d) 447.6%

e) 11.3%

Answer rating: 100% (QA)

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