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Sladkaya [172]
3 years ago
9

Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $199,000 on sales of $2,340,000. Division B is able

to make only $32,500 on sales of $368,000. a. Compute the profit margins (return on sales) for each division. (Input your answers as a percent rounded to 2 decimal places.)
Business
1 answer:
mojhsa [17]3 years ago
5 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Division A has a profit of $199,000 on sales of $2,340,000. Division B is able to make only $32,500 on sales of $368,000

Gross profti margin= gross profit/revenue

Division A:

Gross profit margin= 199,000/2,340,000= 0.085= 8.5%

Division B:

Gross profit margin= 32,500/368,000= 0.088= 8.8%

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3 years ago
Read 2 more answers
?if a corporation issued $8,000,000 in bonds which pay 5% annual interest, what is the annual net cash cost of this borrowing if
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