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Investment Center Sales Net income Average invested assets $1,500,000 $ Profit margin Investment turnover Return on investment ?$11,400,000 435,000 10% 1.2 79 12% Use the
Investment Center Sales Net income Average invested assets $1,500,000 $ Profit margin Investment turnover Return on investment ?$11,400,000 435,000 10% 1.2 79 12% Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Profit Margin: Choose Numerator: | / | Choose Denominator: = Profit Margin Investment Center Profit margin 10.00% Investment Turnover: Choose Numerator: . | Choose Denominator: | = | Investment Turnover Investment Center Investment turnover 1.20 Return on investment: Return on investment Choose Numerator: Choose Denominator: Investment Center - Return on investment 12.00%
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