Question

the electronics division of anton company reports the following results for the current year:revenues$ 800,000operating expenses$ 656,000operating income$ 144,000operating assets$ 1,200,000anton company has set a target return on investment (roi) of 11% for the electronics division.the electronic division's margin is:multiple choice66.7%.18%.11.25%.

Answer 1

The electronic division's margin is 18%.

Step-by-step explanation:

The electronic division's margin can be calculated using the formula:

Margin = (Operating Income / Revenues) * 100

Using the given figures:

Operating Income = $144,000 and Revenues

= $800,000

Therefore, the margin is:

Margin = (144,000 / 800,000) * 100

= 18%

So, the correct answer is 18%.