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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 Sales Income Average

Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center).

Investment Center Sales Income Average

Invested Assets Electronics $ 42,000,000 $ 3,360,000 $ 16,800,000 Sporting goods 19,456,000 2,432,000 12,800,000

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?

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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 Choose Numerator: Choose Denominator: Profit Margin Investment = Profit Margin Center Electronics Sporting Goods Which department generates the most net income per dollar of sales?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 Choose Numerator: / Choose Denominator: Investment Turnover Investment Investment Turnover Center Electronics Sporting Goods Which department is most efficient at generating sales from average invested assets

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