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Investment Center A B Sales $ ? $ 12,000,000 Net income $ 546,000 $ ? Average invested assets $ 1,560,000 $ ? Profit margin 7
| Investment Center | A | B | |||||
| Sales | $ | ? | $ | 12,000,000 | |||
| Net income | $ | 546,000 | $ | ? | |||
| Average invested assets | $ | 1,560,000 | $ | ? | |||
| Profit margin | 7 | % | ? | % | |||
| Investment turnover | ? | 2.0 | |||||
| Return on investment | ? | % | 14 | % | |||
Use the information in the table above to compute each departments contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.)
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Internal Audit Leadership Elevating The Internal Audit Function To Accelerate Value
Authors: Patricia Kaim
1st Edition
1032557168, 978-1032557168
