do fast given answer this question general accounting Apple Inc. reports the following for three of its geographicsegments for a recent year.($ millions)Americas Europe ChinaOperating income $31,186$16,527 $23,002Sales$93,864 $50,337 $58,715Compute profit margin for each division.

Step 1: Define Profit MarginProfit margin is the most useful and used financial ratio in corporate…

Answered: Apple Inc. reports the following for…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 8PA: The following revenue data were taken from the December 31, 2017, Coca-Cola annual report (10-K):...

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A retailer reports the following for its geographic divisions for the year. The profit margin for its China division is (round the answer to 2 decimal places, i.e. 17.52% would be .18): Americas Europe China Income $ 738,500 $275,250 $ 228,000 Sales 2,110,000 885,000 704,000
A retailer reports the following for its geographic divisions for the year. 1. Compute profit margin for each division.2. Based on profit margin, which division performed best?
Using the data below for Ace Guitar Company: Region A Region B Sales $500,000 $900,000 Cost of goods sold 200,000 300,000 Selling expenses 150,000 275,000 Service department expenses: Purchasing $90,000 Payroll accounting 30,000 Allocate service department expenses proportionally to the sales of each region, determine the divisional income from operations for the Regions A and B. For interim calculations, round the percentages to one decimal place. Region A Income: Region B Income:
Using the data below for the Ace Guitar Company: A Region B Region Sales $638,000 $522,000 Cost of goods sold 242,400 198,400 Selling expenses 153,100 125,300 Service department expenses Purchasing $194,900 Payroll accounting 129,900 Allocate service department expenses proportional to the sales of each region. Determine the divisional income from operations for the A and B regions. For interim calculations, round percentages to one decimal place. a) A Region b) B Region
Using the data below for the Ace Guitar Company: A Region B Region Sales $521,500 $968,500 Cost of goods sold 198,200 368,000 Selling expenses 125,200 232,400 Service department expenses Purchasing $250,300 Payroll accounting 166,900 Allocate service department expenses proportional to the sales of each region. Determine the divisional income from operations for the A and B regions. For interim calculations, round percentages to one decimal place. A Region $ B Region $
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Using the data below for Ace Guitar Company: Region A Region B Sales $753,500 $616,500 Cost of goods sold 286,300 234,300 Selling expenses 180,800 148,000 Service department expenses Purchasing $230,200 Payroll accounting 153,400 Allocate service department expenses proportionally to the sales of each region, determine the divisional income from operations for the Regions A and B. For interim calculations, round the percentages to one decimal place. Region A Region B
Using the data below for the Ace Guitar Company: A Region B Region Sales $500,000 $900,000 Cost of goods sold 200,000 300,000 Selling expenses 150,000 275,000 Support department expenses: Purchasing $90,000 Payroll accounting 30,000 Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions. For interim calculations, round percentages to one decimal place and all other amounts to the nearest whole dollar. A Region Operating Income $fill in the blank 1 B Region Operating Income $fill in the blank 2
Using the data below for the Ace Guitar Company: A Region B Region Sales $638,000 $522,000 Cost of goods sold 242,400 198,400 Selling expenses 153,100 125,300 Support department expenses: Purchasing $194,900 Payroll accounting 129,900 Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions. For interim calculations, round percentages to two decimal places and all other amounts to the nearest whole dollar.
Using the data below for the Ace Guitar Company: A Region B Region Sales $600,000 $900,000 Cost of goods sold 228,000 342,000 Selling expenses 144,000 216,000 Support department expenses: Purchasing $252,000 Payroll accounting 168,000 Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions. For interim calculations, round percentages to two decimal places and all other amounts to the nearest whole dollar. A Region Operating Income $ B Region Operating Income $
Compute the profit margin for each division on these general accounting question

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Apple Inc. reports the following for three of its geographic segments for a recent year. ($ millions) Americas Europe China Operating income $31,186 $16,527 $23,002 Sales $93,864 $50,337 $58,715 Compute profit margin for each division.