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Problem 3-1 Profitability ratios [LO3-2] Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $291,000 on sales of $2,930,000. Division
Problem 3-1 Profitability ratios [LO3-2] Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $291,000 on sales of $2,930,000. Division B is able to make only $32,900 on sales of $370,000. a. Compute the profit margins (return on sales) for each division (Input your answers as a percent rounded to 2 decimal places.) Profit Margin Division A Division B b. Based on the profit margins returns on sales), which division is superior? Division B Division A
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