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Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Electronics Sporting
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 $32,600,000 $2,771,000 15,744,000 1,968,000 Average Invested Assets. $16,300,000 12,300,000 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. Investment Profit Margin Turnover Compute profit margin for each department. Which department generates the most net income per dollar of sales? Profit Margin Choose Numerator: Choose Denominator: Profit Margin Investment Center Profit Margin Electronics Sporting Goods 1 1 = Which department generates the most net income per dollar of sales? Investment Turnover >
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