Davenport Inc. has two divisions, Howard and Jones. Following is the income statement for the past month: What would Davenport's profit margin be if the Jones division was dropped?
A) $80,000 loss
B) $100,000 loss
C) $50,000 profit
D) $70,000 profit

Question

Davenport Inc. has two divisions, Howard and Jones. Following is the income statement for the past month:  What would Davenport's profit margin be if the Jones division was dropped?
A) $80,000 loss 
B) $100,000 loss 
C) $50,000 profit 
D) $70,000 profit

Quizplus · Accepted Answer

The Answer of Davenport Inc. has two divisions, Howard and Jones. Following is the income statement for the past month:  What would Davenport's profit margin be if the Jones division was dropped?
A) $80,000 loss 
B) $100,000 loss 
C) $50,000 profit 
D) $70,000 profit