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    International Boot Company Has Operating Income of $80,000, Invested Assets
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International Boot Company Has Operating Income of $80,000, Invested Assets

Question 41

Question 41

Multiple Choice

International Boot Company has operating income of $80,000, invested assets of $500,000, and sales of $1,525,000.
-The profit margin for International Boot Company is


A) 33.3%
B) 5.2%
C) 16.0%
D) 19.1%

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