Asked by Emily Calabrese on Apr 29, 2024
Verified
The division's margin is closest to:
A) 23.7%
B) 7.6%
C) 32.1%
D) 31.3%
Division's Margin
The profit margin measured at the divisional level, reflecting the division's ability to generate profit from its revenues.
- Learn the strategies for computing margins and turnovers effectively.
Verified Answer
KH
Kaija HedmanMay 03, 2024
Final Answer :
B
Explanation :
Margin = Net operating income ÷ Sales = $1,924,320 ÷ $25,320,000 = 7.6%
Learning Objectives
- Learn the strategies for computing margins and turnovers effectively.