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 $42,250,000 $3,211,000 19,350,000 2,322,000 Average Invested Assets $ 16,900,000 12,900,000 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 Choose Numerator: 1 Choose Denominator: II Profit Margin Profit Margin Investment Center / = = Electronics 1 Sporting Goods / Which department generates the most net income per dollar of sales? = Profit Margin Investment Turnover > Profit Margin Investment Turnlover Compute investment turnover for each department. Which department is most efficient at generating sales from average invested assets? Investment Turnover Choose Numerator: 1 Choose Denominator: II Investment Turnover Investment Center / = Investment Turnover Electronics Sporting Goods / Which department is most efficient at generating sales from average invested assets? Profit Margin Investment Turnover