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%
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Home » Business » 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.