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Clay IncHas Two Divisions,Myrtle and Laurel

Question 62

Multiple Choice

Clay Inc.has two divisions,Myrtle and Laurel.Following is the income statement for the previous year: What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable?
Clay Inc.has two divisions,Myrtle and Laurel.Following is the income statement for the previous year: What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable? A) $99,625 profit B) $91,000 profit C) $384,000 profit D) $71,000 loss


A) $99,625 profit
B) $91,000 profit
C) $384,000 profit
D) $71,000 loss

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