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?

Complete this question by entering your answers in the tabs below.

Req B$1$

How well have these divisions performed?

$1$a$.$ Based on divisional income, which division performed better?

$2$a$.$ Which division has the highest gross margin percentage?

$3$a$.$ Which division has the highest operating margin percentage?