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9. The sales, income from operations, and invested assets for each division of Grosbeak Company are as follows: ncome from Invested Sales Operations Assets Division

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9. The sales, income from operations, and invested assets for each division of Grosbeak Company are as follows: ncome from Invested Sales Operations Assets Division E Division F Division G $5,000,000 $550,000 $2,400,000 860,000 2,500,000 860,000 2,900,000 4,800,000 7,000,000 (a) Using the expanded expression, determine the profit margin, investment turnover, and rate of return on investment for each division. Round to one decimal place. (b) Which is (are) the most profitable per dollar invested? ANS: (a) a) Division b) Division c) Division ANS: (b)

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