A company's division has sales of $2.470,000, income of $592,800, and average assets of $2,375,000. Compute the division's profit margin, return on investment, and investment turnover. Compute the Division's Profit Margin Numerator: Denominator: Profit Margin Not income Sales -Profit margin $ 592.800 IS 2.470,000 24.0% Compute the Division's Return on investment Numerator: Denominator Return on investment -Profit margin 0 Compute the Division's Investment Turnover. Numerator: 1 Denominator: Sales Average invested assets $ 2,470,000/ $ 2,375,000 Investment Turnover Investment turnover 1.04