Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 04, 2024

A division has sales of $2,500,000, operating profit of $125,000 and investment of $1,500,000. What is the profit margin for the division? a. 60% b.

A division has sales of $2,500,000, operating profit of $125,000 and investment of $1,500,000. What is the profit margin for the division?

a. 60%

b. 3%

c. 5%

d. 200%

Please show your work - Thanks!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Audit Value Factor Making Managements Head Turn Internal Audit And IT Audit Series

Authors: Daniel Samson

1st Edition

1138198129, 978-1138198128

More Books

Students also viewed these Accounting questions

Question

★★★★★

a) Prove Theorem 9.4i and ii. b) Prove Theorem 9.4iii and iv. c) Prove Theorem 9.4v. d) Prove Theorem 9.6.

Answered: 1 week ago

Question

★★★★★

7-13. Is it safe for managers to proceed with strategic planning if they havent done a thorough SWOT analysis or similar assessment? Why or why not?

Answered: 1 week ago

Question

★★★★★

4. Which treatment would you use if you were the therapist of a patient with BPD, Kernbergs object relations therapy or Linehans DBT? Why?

Answered: 1 week ago

Question

★★★★★

Colleen Fernandez, president of Rhino Enterprises, applied for a $175,000 loan from First Federal Bank. The bank requested financial statements from Rhino Enterprises as a basis for granting the...

Answered: 1 week ago

Question

★★★★★

Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The comp predetermined overhead rate for the current year on total...

Answered: 1 week ago

Question

★★★★★

Drag and drop ( or click ) to upload files Filename Size File to run ( 4 0 9 Bytes 5 points Create a file named Store.java. In this file, create a method with the following signature: public static...

Answered: 1 week ago

Question

★★★★★

7. In a large water tank experiment, water waves are gener- ated with straight, parallel wave fronts, 3.00 m apart. The wave fronts pass through two openings 5.00 m apart in a long board. The end of...

Answered: 1 week ago

Question

★★★★★

What makes Shenzhen Development Bank (SDB) an attractive target for investment, and what are the potential sources of value? What are the key risks for investing in SDB, and how can Newbridge...

Answered: 1 week ago

Question

★★★★★

40 kN R1-5: A circular plate of diameter 120 mm and thickness 10 mm is placed over a circular hole of diameter 60 mm in the ground. A circular shaft of diameter 50 mm sits on top of the plate and has...

Answered: 1 week ago

Question

★★★★★

If the tape timer creates dots at a rate of 28Hz, what time interval in seconds does 3 successive dotsrepresent?

Answered: 1 week ago

Question

★★★★★

Perceived environmental uncertainty is a function of environmental complexity and: receptivity productivity change contingency Question 8 14 points

Answered: 1 week ago

Question

★★★★★

4. Think about a co-culture (age, sexual orientation, socioeconomic status, race, religion, and so on) with which you identify. Then make a list of stereotypes that are associated with that group. In...

Answered: 1 week ago

Question

★★★★★

3. Describe the ways that communicators create meaning with language

Answered: 1 week ago

Question

★★★★★

1. Describe the power of languagethe system of symbols we use to think about and communicate our experiences and feelings

Answered: 1 week ago

Previous Question Next Question