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Exercise 14-25 (Static) Compute Divisional Income (LO 14-1) Owen Audio shows the following information for its two divisions for year 1 . Required: a. Compute

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Exercise 14-25 (Static) Compute Divisional Income (LO 14-1) Owen Audio shows the following information for its two divisions for year 1 . Required: a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Complete this question by entering your answers in the tabs below. Compute divisional operating income for the two divisions. Ignore taxes. Exercise 14-25 (Static) Compute Divisional Income (LO 14-1) Owen Audio shows the following information for its two divisions for year 1. Required: a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Complete this question by entering your answers in the tabs below. What are the gross margin and operating margin percentages for both divisions

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