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%.

Question

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The Answer of 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%.

Blancher Corporation Had $495,000 in Invested Assets,sales of $660,000,income from Operations