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Calculate the profit margin for stevenson

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Reference no: EM132183314

Question - Blancher Corporation had $495,000 in invested assets, sales of $660,000, income from operations amounting to $99,000, and a desired minimum rate of return of 15%. The profit margin for Stevenson is

a.16%.

b.20%.

c.18%.

d.15%.

Reference no: EM132183314

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