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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
Revenues | 1,200,000 | 3,800,000 | 2,800,000 |
Cost of Sales | 769,500 | 1,900,000 | 1,400,000 |
Allocated Corporate OH | 72,000 | 228,000 | 210,000 |
Other General & Administrative | 158,500 | 1,100,000 | 1,100,000 |
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