b. Using the DuPont formula, determine the profit margin, investment turnover, and rate of return on investment for each division. Round the profit margin percentage to two decimal places, investment turnover to four decimal places and rate of return on investment percentage to one decimal place. Division A Division B Profit margin 25.26 % 16.04 % Investment turnover 0.84 126.6 Rate of return on investment 0.21 % 19.82 X % Feedback Check My Work Partially correct Feedback Check My Work Partially correct Check My Work Previous Bentz Co. has two divisions, A and B. Invested assets and condensed Income statement data for each division for the year ended December 31, are as follows: Revenues Operating expenses Service department charges Invested assets Division A $190,000 112,500 29,500 225,000 Division B $125,500 92,750 12,625 99,000 a. Prepare condensed income statements for the past year for each division. Bentz Co. Divisional Income Statements For the Year Ended December 31 Division A Revenues 190,000 Division B 125,500 Operating expenses 112,500 92.750 Income from operations before service department charges 77.500 32,750 Service department charges 29,500 12,625 Income from Operations 48,000 20,125 Feedback Check My Work Carrert Check My Work Previous