Serie Inc. reported the following results from last year's operations: At the beginning of this year, the company has a $2,100,000 investment opportunity with the following characteristics:
The margin for this year's investment opportunity considered alone is closest to:

Question

Serie Inc. reported the following results from last year's operations:  At the beginning of this year, the company has a $2,100,000 investment opportunity with the following characteristics:
 The margin for this year's investment opportunity considered alone is closest to:

Quizplus · Accepted Answer

11eacbfc_c516_bc84_8ffe_c9a97775aa83_TB7552_00 Margin = Net operating income ÷ Sales = $151,200 ÷ $2,520,000 = 6.0%

Serie Inc Reported the Following Results from Last Year's Operations