Question: Is this correct? If not where did I go wrong and what is the solution? Mason Corporation had $1,046,000 in invested assets, sales of $1,221,000,

Is this correct? If not where did I go wrong and what is the solution?

Mason Corporation had $1,046,000 in invested assets, sales of $1,221,000, income from operations amounting to $230,000, and a desired minimum rate of return of 14%. Round the percentage to one decimal place. The profit margin for Mason Corporation is a. 18.8% b. 14.0% c. 85.7% d. 22.0%

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