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