Division a of Mocha Company Has Sales of $155,000, Cost

question 36

Multiple Choice

Division A of Mocha Company has sales of $155,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $150,000. What is the profit margin for Division A?

• A) 19.3%
• B) 48.0%
• C) 18.7%
• D) 5.47%