Question: Mason Corporation had $ 1 , 1 2 3 , 0 0 0 in invested assets, sales of $ 1 , 2 2 0 ,

Mason Corporation had $1,123,000 in invested assets, sales of $1,220,000, operating income amounting to $235,000, and a desired minimum return on investment of 14%.
The profit margin (rounded to one decimal place) for Mason Corporation is
a.20.9%
b.19.3%
c.92.0%
d.14.0%
Mason Corporation had $ 1 , 1 2 3 , 0 0 0 in

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