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D.visional tncome Statements and Return on Investment Analysis E.F. Lynch Company is a diversified investment company with three operating divisions organized as investment centers. Condensed
D.visional tncome Statements and Return on Investment Analysis E.F. Lynch Company is a diversified investment company with three operating divisions organized as investment centers. Condensed data taken from the recards of th three divisions for the year ended June 30,20r8, are as follows: The management of E.f. Lytich Company is twaluating each division as a basis for pianning a future expansion of operations. Redsulred 1. Frepare condensed dlyisonal income statements for the three divsions, asouming that there were no service department charges. 2. Using the Dupont formola for rote of return on investment, compute the profit margin, investment tumover, and rate of retum on investment for each division. Rour your ancwers to one decimal place
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