EXERCISE N7- Gross Profit Income From Operations The following financial infonmation was summarized from the accounting recoeds of Steward Corporation for the currem year ending Decenhber 31: Danper Corporate Tota Quality Dinision Division $30,110 21,220 67,340 Cost of goods sold Direct operating expenses Net sales Interest expense General overhead Income tax $17,200 17,000 89,000 2,040 18.160 4,700 Instructions: Determine (a) The gross profit for the Danper Division (b) The income from operations froem the Danper Division. (c) The gross profit for the Quality Division. (d) The income from operations from the Quality Division (e) The net income for the Steward Corporation. EXERCISES- ROU Profit Margin/ Investment Turaover La Divisin M de ESP, Consultores tiene ventas de $ 796,000, costo de bienes vendidos de $435,000, gastos de operacin de $ 69,200 y activos invertidos de $ 659.000. The M Division of ESP, consultants has sales of $796,000, cost of goods sold of $435,000, $69,200 operation expenses and invested assets of S659,000. Instructions: Determine (a) The rate of return on investment for Division G. (b) The profit margin for Division G. (c) The investment turnover for Division G