Martinez Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales: $30,000,000 Net operating income: $2,400,000 Average operating assets: $8,000,000 The division's margin is: A. 12% B. 8% C. 30% D. 15%

Martinez Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales: $30,000,000 Net operating income: $2,400,000 Average operating assets: $8,000,000 The division's margin is: A. 12% B. 8% C. 30% D. 15%

Cornerstones of Cost Management (Cornerstones Series)

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Author:Don R. Hansen, Maryanne M. Mowen

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Chapter10: Decentralization: Responsibility Accounting, Performance Evaluation, And Transfer Pricing

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Problem 11E: Xenold, Inc., manufactures and sells cooktops and ovens through three divisions: Home, Restaurant,...

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Please give me answer general accounting question

Martinez Industries is a division of a major corporation. Data concerning
the most recent year appears below:
Sales: $30,000,000 Net operating income: $2,400,000 Average operating
assets: $8,000,000
The division's margin is:
A. 12%
B. 8%
C. 30%
D. 15%

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