Question
Data for five stores of the same business are as follows: Income from Invested Store Sales Operations Assets Return Profit Invest. on Invest. Margin
Data for five stores of the same business are as follows: Income from Invested Store Sales Operations Assets Return Profit Invest. on Invest. Margin Tumover Greensboro (A) $35,000 $250,000 (B) (C) 1.6 High Point $455,000 (D) $284,375 16% (E) (F) Burlington $525,000 Durham $600,000 (J) $73,500 (G) (H) (1) 1.2 (K) (L) 13.0% 2.5 Elon (M) (N) $250,000 (0) 16.0% 2.0 Determine the missing items, identifying each by letter (a-o). HINT: Make a list of the formulas and then figure out what you info need to answer. You may need to rearrange a formula to solve. Round percentage and turnover values to one decimal place. 12 Which Store is most profitable in terms of income from operations? 3. Which Store is most profitable in terms of return on investment? Show all your calculations to get credit.
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