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The Software Division of DataStream Technologies reports the following results for 2014: = • Revenues $1,000,000 • Operating expenses = $900,000 • Operating income = $100,000 • Operating assets = $750,000 What is the Software Division's margin?

The Software Division of DataStream Technologies reports the following results for 2014: = • Revenues $1,000,000 • Operating expenses = $900,000 • Operating income = $100,000 • Operating assets = $750,000 What is the Software Division's margin?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The Software Division of DataStream Technologies reports the following results for 2014: = • Revenues $1,000,000 • Operating expenses = $900,000 • Operating income = $100,000 • Operating assets = $750,000 What is the Software Division's margin?
Transcribed Image Text:The Software Division of DataStream Technologies reports the following results for 2014: = • Revenues $1,000,000 • Operating expenses = $900,000 • Operating income = $100,000 • Operating assets = $750,000 What is the Software Division's margin?
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