(Answered) Bethlehem corporation had 1096000 in sales which resulted

Accounting

Bethlehem Corporation had $1,096,000 in sales which resulted in operating income of $75,624. On January 1, Bethlehem reported $852,600 in assets. Because of a downturn in the economy, Bethlehem sold several assets during the year. Its December 31 balance sheet reported only $553,600 in assets. Warning

(a) Calculate Bethlehem's margin. (Round answer to 1 decimal place, e.g. 1.6%.)

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