Dacker Products is a division of a major corporation. The following data are for the most recent year of operations:

-The division's margin used to compute ROI is closest to:
A) 29.6%
B) 35.1%
C) 21.9%
D) 7.7%

Name: Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: -The division's margin used to compute ROI is closest to: A) 29.6% B) 35.1% C) 21.9% D) 7.7%
Brand: Quizplus
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Question

Dacker Products is a division of a major corporation. The following data are for the most recent year of operations:
 
-The division's margin used to compute ROI is closest to:
A) 29.6% 
B) 35.1% 
C) 21.9% 
D) 7.7%

Quizplus · Accepted Answer

Margin = Net operating income ÷ Sales
= $2,808,960 ÷ $36,480,000 = 7.70%

Dacker Products Is a Division of a Major Corporation