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The Maxim Corporation reported the following operating results for its three divisions: South, West, and East. Sales After-ta
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Answer #1
Profit Margin = Net income / Sales
South Division West Division East Division
Net Income $             20,000 $            50,000 $          1,00,000
Sales $          3,80,000 $        7,00,000 $        20,00,000
Profit Margin 5.26% 7.14% 5.00%
Correct Option: SECOND
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