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Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $24,000,000 $1,752,000 Average operating assets $6,000,000 The division's margin is: A. 32.3% B. 7.3% C. 29.296 D. 25.09%

Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $24,000,000 $1,752,000 Average operating assets $6,000,000 The division's margin is: A. 32.3% B. 7.3% C. 29.296 D. 25.09%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $24,000,000 $1,752,000 Average operating assets $6,000,000 The division's margin is: A. 32.3% B. 7.3% C. 29.296 D. 25.09%
Transcribed Image Text:Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $24,000,000 $1,752,000 Average operating assets $6,000,000 The division's margin is: A. 32.3% B. 7.3% C. 29.296 D. 25.09%
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