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A retailer reports the following for its geographic divisions for the year. Income Sales Americas $420,000 Europe $135,000 1,050,000 450,000 China $ 101,500 290,000
A retailer reports the following for its geographic divisions for the year. Income Sales Americas $420,000 Europe $135,000 1,050,000 450,000 China $ 101,500 290,000 1. Compute profit margin for each division. 2. Based on profit margin, which division performed best? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute profit margin for each division. Americas Europe China Profit Margin % % % < Required 1 Required 2
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