8 The Maxim Corporation and East reported the following oper

8. The Maxim Corporation and East reported the following operating results for its three divisions: South, West. South DivisionD West Division East Division ??? $380,000!-$1.700.000 -$2,000,000 $20,000$50,000 $100,000 $200,000 $625,000 $800,000 ses profits assets Which division\'s profit margin is the highest? A South. B. West C. East D. All three divisions are the same.

Solution

Profit margin: South 5.26% =20000/380000 West 2.94% =50000/1700000 East 5.00% =100000/2000000 Option A South is correct