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Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment A $ ? $ 314,600 $1,430,000 108 ? ? ?
Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment A $ ? $ 314,600 $1,430,000 108 ? ? ? B $10,700,000 $ ? $ ? ?% 1.2 12% Use the information in the table above 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: 1 Choose Denominator: Profit Margin Investment Center Net income = Profit margin / Sales 314,6001 | $ $ 314,600] = 10.00 % A A B % X This is a numeric cell, so please enter numbers only. Investment Turnover: Choose Numerator: 1 Choose Denominator: = Investment Turnover Investment Center = Investment turnover A B 1.20 Return on investment: Choose Numerator: 1 1 Choose Denominator: = Return on investment Investment Center = Return on investment A % % B 12.00 %
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