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Kragle Corporation reported the following financial data for one of its divisions for the year;...

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Accounting

Kragle Corporation reported the following financial data for one of its divisions for the year; average assets of $670,000; sales of $1,130,000; and income of $149,160. The investment center profit margin is:

Multiple Choice

13.2%.

449.2%.

168.7%.

22.3%.

59.3%.

image Kragle Corporation reported the following financial data for one of its divisions for the year; average assets of $670,000; sales of $1,130,000; and income of $149,160. The investment center profit margin is: Multiple Choice 13.2% 449.2%. 168.7% 22.3% 59.3%

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