Exercise $14-25($Algo$)$ Compute Divisional Income $($LO $14-1)$

Owen Audio shows the following information for its two divisions for year $1.$

Required:

a$.$ Compute divisional operating income for the two divisions. Ignore taxes.

b$-1.$ What are the gross margin and operating margin percentages for both divisions?

b$-2.$ How well have these divisions performed?

Answer is complete but not entirely correct.

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Compute divisional operating income for the two divisions. Ignore taxes.