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A retailer reports the following for its geographic divisions for the year. Americas Europe China Income..... Sales...... $ 300,000 $ 80,000 $60,000 1,000,000 400,000

A retailer reports the following for its geographic divisions for the year. Americas Europe China Income..... Sales...... $ 300,000 $ 80,000 $60,000 1,000,000 400,000 240,000 1. Compute profit margin for each division. 2. Based on profit margin, which division performed best? Exercise 24-15 Profit margin A2

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