Dickonson Products is a division of a major corporation. The following data are for the last year of operations:
-The division's margin is closest to:
A)26.4%
B)10.0%
C)2.4%
D)24.0%

Name: Dickonson Products is a division of a major corporation. The following data are for the last year of operations: -The division's margin is closest to: A)26.4% B)10.0% C)2.4% D)24.0%
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Dickonson Products is a division of a major corporation. The following data are for the last year of operations: 
-The division's margin is closest to:
A)26.4% 
B)10.0% 
C)2.4% 
D)24.0%

Quizplus · Accepted Answer

Margin = Net operating income F1F1F1S1F1F1F10 Sales
= $399,360 F1F1F1S1F1F1F10 $16,640,000 = 2.4%

Dickonson Products Is a Division of a Major Corporation