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Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment $ $ 471,200 $1,520,000 16% B $11,600,000 $ ? ?
Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment $ $ 471,200 $1,520,000 16% B $11,600,000 $ ? ? ? 1.3 13% ? Use the information in the table above to compute each department's contribution to overhead (Round your final answers to 2 decimal places.) -33 Profit Margin: Choose Numerator: 1 Choose Denominator: Investment Center A Profit Margin = Profit margin 10.00 % % B Investment Tumover: Choose Numerator: 1 Choose Denominator: Investment Center Investment Turnover Investment turnover A B 1.30 Return on investment: Choose Numerator: 1 Choose Denominator: Return on investment Investment Center Return on investment B 1300 %
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