Assume That Division X Has Generated Sales Revenue of $3,025,000

question 5

Multiple Choice

Assume that Division X has generated sales revenue of $3,025,000 and achieved income from operations of $242,000 using $1,800,000 of invested assets.If management desires a minimum rate of return of 12%,the profit margin is

• A)59.5%.
• B)13.4%.
• C)12%.
• D)8%.