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A company's division has sales of $2,000,000, income of $80,000, and average assets of $1,600,000. Compute the division's profit margin, return on investment, and investment
A company's division has sales of $2,000,000, income of $80,000, and average assets of $1,600,000. Compute the division's profit margin, return on investment, and investment turnover. Compute the Division's Profit Margin. Numerator: Denominator: = Profit Margin = Profit margin Compute the Division's Return on investment. Numerator: Denominator: = Return on investment Profit margin Compute the Division's Investment Turnover. Numerator: Denominator: = Investment Turnover = Investment turnover
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