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Duncan Inc. has two divisions, Parker and Ginobili. Following is the income statement for the past month: Parker Ginobili 659,200 $ 206,800 S 380,300 Sales
Duncan Inc. has two divisions, Parker and Ginobili. Following is the income statement for the past month: Parker Ginobili 659,200 $ 206,800 S 380,300 Sales Variable Costs Contribution Margin Fixed Costs (allocated) Profit Margin 220,400 S 208,100 178,400 What would Duncan's profit margin be if the Ginobili division was dropped? If a loss, indicate with a - (negative sign) before your answer. Example: a loss of $1,000 would be answered -1,000
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