Use the information below to answer the following question(s):
The following data relates to Logan Electric and its Light Bulb Division.

-What is the Light Bulb Division's sales margin?
A) 30.6%
B) 10%
C) 18.33%
D) 25%

Question

Use the information below to answer the following question(s):
The following data relates to Logan Electric and its Light Bulb Division.
 
-What is the Light Bulb Division's sales margin?
A) 30.6% 
B) 10% 
C) 18.33% 
D) 25%

Quizplus · Accepted Answer

B) Sales margin = Operating income/Sales
= 750,000/7,500,000 = 10%

Use the Information Below to Answer the Following Question(s)