Secure https://w .m ent/PlayerTest.aspx?testld-175 (5887 Managerial Accou ing sp

Question

Secure https://w .m ent/PlayerTest.aspx?testld-175 (5887 Managerial Accou ing spring 2018 Test: Chapt er 9&10 Time Remaini:0059 Exam -Required his Tr st: 50 pts po sh toh This Question: 2 pts 18 of 23 (16 complete The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year Shareholders require a return of 6% Management calculated a weighted-average cost of capital (Wn 3% Allied's corporate tax rate is 40% The fc Sales Operating income Total assets 280,000 Curent labities2000 000 900,000 What is the division's sales margin? OA, 3500% O B. 14 00% C. 40 00% OD, 45 00% to select your answer BANG& OLUFSEN

Explanation / Answer

Answer:

Option C i.e. 40.00%

Division Sales Margin = Margin / Sales * 100
Division Sales Margin = 280,000 / 700,000 * 100
Division Sales Margin = 40%

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