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The Maxim Corporation reported the following operating results for its three divisions: South, West, and East. South Division West Division East Division Sales $380,000 $1,700,000
The Maxim Corporation reported the following operating results for its three divisions: South, West, and East.
South Division | West Division | East Division | |
Sales | $380,000 | $1,700,000 | $2,000,000 |
Operating profits | $20,000 | $50,000 | $100,000 |
Divisional assets | $200,000 | $625,000 | $800,000 |
Which division's profit margin is the highest?
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