Multiple Choice
Franklin,Inc.has two divisions,Seward and Charles.Following is the income statement for the previous year: Of the total fixed costs,$300,000 are common fixed costs that are allocated equally between the divisions.What would Franklin's profit margin be if Charles were dropped?
A) $60,000
B) $80,000
C) $100,000
D) $230,000
Correct Answer:

Verified
Correct Answer:
Verified
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