Healthy Life Nutraceuticals Inc. has two divisions: Division X: Profit of $320,000 on sales of $3,800,000. Division Y: Profit of $50,000 on sales of $600,000. Compute the profit margin (return on sales) for each division.

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Compute the profit margin for each division on these general accounting question

Healthy Life Nutraceuticals Inc. has two divisions:
Division X: Profit of $320,000 on sales of $3,800,000.
Division Y: Profit of $50,000 on sales of $600,000.
Compute the profit margin (return on sales) for each
division.
Transcribed Image Text:Healthy Life Nutraceuticals Inc. has two divisions: Division X: Profit of $320,000 on sales of $3,800,000. Division Y: Profit of $50,000 on sales of $600,000. Compute the profit margin (return on sales) for each division.
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