Presently,the Comic Book Division of Anderson Publishing Corporation has a profit margin of 30%.If total sales rise by $100,000,the net result will be
A) an increase in the profit margin ratio to above 30%.
B) a decrease in the profit margin ratio to below 30%.
C) no change in the profit margin ratio.
D) a change in the profit margin ratio that cannot be determined from this information.
Correct Answer:
Verified
Q65: A prospective project under consideration by the
Q66: Residual income is an example of a
Q67: Residual income is used as a performance
Q72: In the Du Pont model,profit margin is
Q74: Return on investment (ROI)is a term most
Q75: If a new project generates a positive
Q77: Return on investment is computed by dividing
Q79: A sub-unit of an organization is evaluated
Q79: If a division generates a positive residual
Q81: Houston Company Freeport Division of the Houston
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents