Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Electronics Sporting goods Sales Income $40,800,000 $3,060,000 17,680,000 2,210,000 Average Invested Assets $17,000,000 13,000,000 Exercise 22-11 Computing margin and turnover; department efficiency LO A2 Compute profit margin and investment turnover for each department. Which department generates the most net income per dollar of sales? Which department is most efficient at generating sales from average invested assets? Complete this question by entering your answers in the tabs below. Profit Margin Investment Turnover Compute profit margin for each department. Which department generates the most net income per dollar of sales? Profit Margin Profit Margin Profit Margin Choose Numerator: 1 Choose Denominator: Investment / Center Electronics 1 Sporting Goods Which department generates the most net income per dollar of sales? 1 Required information sales? Which department is most efficient at generating sales from average invested assets? Complete this question by entering your answers in the tabs below. Profit Margin Investment Turnover Compute investment turnover for each department. Which department is most efficient at generating sales from average invested assets? = Investment Turnover Investment Turnover = Investment Turnover Choose Numerator: ! Choose Denominator: Investment 1 Center Electronics 1 Sporting Goods Which department is most efficient at generating sales from average invested assets? 11 =