Question: 1. -What is the Profit Margin for the division below? You must show your work. Computer Division Sales Revenue $250,000 Operating Income $12,000 Average Assets

1.

-What is the Profit Margin for the division below? You must show your work.

Computer Division
Sales Revenue $250,000
Operating Income $12,000
Average Assets $400,000

2.

Penguin Company expects total sales of $600,000 for December, $500,000 for January and $450,000 for February.

Assume the sales are collected as follows:

50% in the month of the sale

30% in the month after the sale

20% two months after the sale

What is the total Cash Collections expected in Februrary?

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