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can i get some help on this question please it difficult to understand it has three parts to the one question Fill in the blanks
can i get some help on this question please it difficult to understand it has three parts to the one question
Fill in the blanks in the schedule below for two separate investment centers A and B. Investment Center A B Sales $ ? $ 10,400,000 Income $ 240,000 $? Average assets $ 1,200,000 $? Profit margin 8% 7% Investment turnover ? 2. Return on investment ?% 12% Use the information in the table above to compute each department's contribution to overhead (both in dol and as a percent). (Round your final answers to 2 decimal places.) OK nt ancos Profit Margin: 1 Denominator: 11 Numerator: Investment Center Income $ 240,000 Sales 1 Profit Margin Profit margin 8.00 % % $ 3,000,000 = 10,400,000 = B $ Investment Turnover: Investment Center Sales Numerator: 1 Denominator: Average assets 3,000,000 $ 1,200,000 = 10,400,000 Investment Turnover Investment turnover 2.50 A $ B S 2.00 Return on investment: Numerator: 1 Denominator: Investment Center Income Average assets A $ 240,000 $ 1,200,000 = Return on investment Return on investment % B 12.00% Step by Step Solution
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