Dental delights has two divisions. Division A has a profit of $200,000 on sales of $4,000,000. Division b is only able to make $30,000 on sales of $480,000. Based on the profit margins (returns on sales) which division is superior?
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Dental delights has two divisions. Division A has a profit of $200,000 on sales of $4,000,000. Division b is only able to make $30,000 on sales of $480,000. Based on the profit margins (returns on sales) which division is superior?
Profit margin = Net income / Sales
Gross profit margin = Gross profit / Sales
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