What is the sofrware division's margin on these accounting question? The Software Division of ProLink Corporation reports the followingresults for 2024:•Revenues $620,000=.Operating expenses = $580,000•Operating income = $40,000•Operating assets = $500,000What is the Software Division's margin?a. 6.45%b. 8.99%c. 9.74%d. 6.45%

Step 1: Define MarginMargin refers to the ratio of operating income to revenues. It measures how…

Answered: The Software Division of ProLink…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

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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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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%