Asked by Brit'Ney McCoy on Jun 24, 2024
Verified
The division's margin is closest to:
A) 31.3%
B) 9.6%
C) 30.7%
D) 40.3%
Division's Margin
The profit generated by a specific division within a company after direct costs and expenses attributable to that division are subtracted.
- Comprehend and compute the margin associated with investment opportunities.
Verified Answer
MA
Muhammad AbubakarJun 29, 2024
Final Answer :
B
Explanation :
Margin = Net operating income ÷ Sales
= $1,877,760 ÷ $19,560,000 = 9.6%
= $1,877,760 ÷ $19,560,000 = 9.6%
Learning Objectives
- Comprehend and compute the margin associated with investment opportunities.