Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income Average operating assets The division's margin is closest to: Multiple Choice о 3.5% 19.7% $ 18,210,000 $ 637,350 $ 4,250,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales
Net operating income
Average operating assets
The division's margin is closest to:
Multiple Choice
O
O
3.5%
19.7%
16.2%
15.0%
$ 18,210,000
$ 637,350
$ 4,250,000
Transcribed Image Text:Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income Average operating assets The division's margin is closest to: Multiple Choice O O 3.5% 19.7% 16.2% 15.0% $ 18,210,000 $ 637,350 $ 4,250,000
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