Chapter 24, Problem S24.10SE

To determine

Concept Introduction:

Profit Margin Ratio:

Profit Margin Ratio is a profitability ratio that represents the percentage income earned on the sales. It is calculated by dividing the Net Income by the Sales. The formulas to calculate the Profit margin is as follows:

$ProfitMargin =\frac{OperatingIncome}{Sales}$

To determine: Profit Margin Ratio for each division