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Concord, Inc., reported the following results for last year. Liles Division Marston Division Outland Division Net operating income $155,058 $35,787 $266,622 Sales revenue 601,000

Concord, Inc., reported the following results for last year. Liles Division Marston Division Outland Division Net operating income $155,058 $35,787 $266,622 Sales revenue 601,000 151.000 1,201.000 Average operating assets 1,240,464 298,225 1,441,200 (a) Calculate margin for each division (Round answers to 1 decimal place, eg 5.1%) Margin Liles 30 % Marston 23 % Outland 22 %

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