Selma Fromm is a recent graduate in accounting. She has taken a position with Hand Writer Company. The company has three divisions that manufacture three products: pencils, pens, and colored markers. Financial information for the most recent fiscal period for each division includes the following:

One of Selma's regular duties is to prepare an analysis of the performance of each division. Prepare an analysis of division performance from the information provided. Which of the divisions appears to be most profitable? Is this responsibility typical of the tasks often performed by accountants who work for business organizations?Explain.

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Division revenues Division expenses Division assets Pencils $200,000 140,000 600,000 Pens 300,000 160,000 1,000,000 Markers $100,000 60,000 200,000