Answer:
profit margin Americas = 34.53 %
profit margin Europe = 26.75 %
profit margin China = 42.37 %
Explanation:
given data
Americas Operating income = $23,117
Europe Operating income = $13,025
China Operating income = $13,841
Americas Sales = 66,939
Europe Sales = 48,683
China Sales = 32,667
to find out
profit margin for each division
solution
we get here profit margin that is express as
profit margin = [tex]\frac{operating\ income}{net\ sale}[/tex] × 100 ................1
put here value we get
profit margin Americas = [tex]\frac{23117}{66939}[/tex] × 100
profit margin Americas = 34.53 %
and
profit margin Europe = [tex]\frac{13025}{48683}[/tex] × 100
profit margin Europe = 26.75 %
and
profit margin China = [tex]\frac{13841}{32667}[/tex] × 100
profit margin China = 42.37 %
