Mason Corporation had $650,000 in invested assets, sales of $700,000, operating income amounting to $99,000, and a desired minimum return on investment of 15%.
-The profit margin for Mason Corporation is
A)7.1%
B)20%
C)15.2%
D)14.1%

Question

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The Answer of Mason Corporation had $650,000 in invested assets, sales of $700,000, operating income amounting to $99,000, and a desired minimum return on investment of 15%.
-The profit margin for Mason Corporation is
A)7.1%
B)20%
C)15.2%
D)14.1%

Mason Corporation Had $650,000 in Invested Assets, Sales of $700,000