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Bayside Wholesaling has the following data for its three divisions for the year. Required: a. Compute the divisional gross margin, operating income, and net income

Bayside Wholesaling has the following data for its three divisions for the year.

Required:
a. Compute the divisional gross margin, operating income, and net income for each of the divisions. Assume taxes are 30%.
b. Calculate the gross margin ratio for each division.
c. Calculate the operating margin ratio for each division.
d. Calculate the profit margin ratio for each division.

SB TH GM

Revenues1,200,0003,800,0002,800,000
Cost of Sales769,5001,900,0001,400,000
Allocated Corporate OH72,000228,000210,000
Other General & Administrative158,5001,100,0001,100,000

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