Presently, the Software Division of Bennett Publishing Corporation has a profit margin of 30%. If total sales rise by $100,000, the net result will be
a. an increase in the profit margin ratio to above 30%.
b. a decrease in the profit margin ratio to below 30%.
c. no change in the profit margin ratio.
d. a change in the profit margin ratio that cannot be determined from this information.
C
You might also like to view...
During a trial close, an effective salesperson asks a prospect to purchase a product.
Answer the following statement true (T) or false (F)
Explain why each of the following persons or groups would be interested in seeing the financial statements of a company. Also state whether each has a direct or indirect financial interest. a. Potential investor b. Internal Revenue Service c. A labor union d. Securities and Exchange Commission e. Potential creditor f. Management g. Economic planners
Different revenue streams may affect which of the following:
a. the industry your company operates in b. the geography your company will operate in c. who your customers will be d. all of these
What's the relationship between WBS, scheduling, and budgeting?
What will be an ideal response?