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Mountain View Technologies has income from operations of $125,000, invested assets of $750,000, and sales of $1,625,000. What is the profit margin? a. 7.7% b. 16.7% c. 10.2% d. 4.5%

Mountain View Technologies has income from operations of $125,000, invested assets of $750,000, and sales of $1,625,000. What is the profit margin? a. 7.7% b. 16.7% c. 10.2% d. 4.5%

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 29E
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Mountain View Technologies has income from operations of $125,000, invested assets of $750,000, and sales of $1,625,000. What is the profit margin? a. 7.7% b. 16.7% c. 10.2% d. 4.5%
Transcribed Image Text:Mountain View Technologies has income from operations of $125,000, invested assets of $750,000, and sales of $1,625,000. What is the profit margin? a. 7.7% b. 16.7% c. 10.2% d. 4.5%
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