What is the profit margin of each division? Round to one decimal place.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance, using income from operations as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December 31:

Revenues—N Region $986,900
Revenues—S Region 1,186,300
Revenues—W Region 2,027,500
Operating Expenses—N Region 625,400
Operating Expenses—S Region 706,000
Operating Expenses—W Region 1,226,100
Corporate Expenses—Dispatching 485,000
Corporate Expenses—Equipment Management 237,900
Corporate Expenses—Treasurer’s 150,100
General Corporate Officers’ Salaries 331,500

The company operates three service departments: the Dispatching Department, the Equipment Management Department, and the Treasurer’s Department. The Dispatching Department manages the scheduling and releasing of completed trains. The Equipment Management Department manages the railroad cars inventories. It makes sure the right freight cars are at the right place at the right time. The Treasurer’s Department conducts a variety of services for the company as a whole. The following additional information has been gathered:

     North    South    West
Number of scheduled trains 4,900   5,800   8,700  
Number of railroad cars in inventory 1,000   1,600   1,300  

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1.  What is the profit margin of each division? Round to one decimal place.

Region Profit Margin
North Region fill in the blank ed1e720a601b063_1 %
South Region fill in the blank ed1e720a601b063_2 %
West Region fill in the blank ed1e720a601b063_3 %
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