The Software Division of ProLink Corporation reports the following results for 2024: • Revenues $620,000 = . Operating expenses = $580,000 • Operating income = $40,000 • Operating assets = $500,000 What is the Software Division's margin? a. 6.45% b. 8.99% c. 9.74% d. 6.45%
The Software Division of ProLink Corporation reports the following results for 2024: • Revenues $620,000 = . Operating expenses = $580,000 • Operating income = $40,000 • Operating assets = $500,000 What is the Software Division's margin? a. 6.45% b. 8.99% c. 9.74% d. 6.45%
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...
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What is the sofrware division's margin on these accounting question?

Transcribed Image Text:The Software Division of ProLink Corporation reports the following
results for 2024:
•
Revenues $620,000
=
.
Operating expenses = $580,000
•
Operating income = $40,000
•
Operating assets = $500,000
What is the Software Division's margin?
a. 6.45%
b. 8.99%
c. 9.74%
d. 6.45%
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