Asked by Macey Mayfield on Jun 24, 2024
Verified
The margin for the investment opportunity is closest to:
A) 40.0%
B) 33.0%
C) 67.0%
D) 7.0%
Investment Opportunity
A situation or venture that presents the potential for financial gain, often requiring an initial outlay of capital.
Margin
The difference between the selling price of a product or service and the cost of producing or purchasing it, expressed as a percentage of sales.
- Determine and evaluate margins and turnovers for investment opportunities.
Verified Answer
KS
keshav sharmaJun 26, 2024
Final Answer :
D
Explanation : 
Margin = Net operating income ÷ Sales = $156,800 ÷ $2,240,000 = 7.0%
Margin = Net operating income ÷ Sales = $156,800 ÷ $2,240,000 = 7.0%
Learning Objectives
- Determine and evaluate margins and turnovers for investment opportunities.