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Calculate bethlehem margin

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Question - Bethlehem Corporation had $1,025,000 in sales which resulted in operating income of $77,900. On January 1, Bethlehem reported $946,300 in assets. Because of a downturn in the economy, Bethlehem sold several assets during the year. Its December 31 balance sheet reported only $593,800 in assets. Calculate Bethlehem's margin.

Reference no: EM132067673

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