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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 | $ | 40,250,000 | $ | 3,059,000 | $ | 16,100,000 | |||
Sporting goods | 21,780,000 | 2,178,000 | 12,100,000 | ||||||
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?
Compute profit margin and investment turnover for each department. Which depart sales? Which department is most efficient at generating sales from average invested 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 ince 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? Investment Turnover > Il dilu vestment turnover for each department. Which departm sales? Which department is most efficient at generating sales from average invested a 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 ge invested assets? Investment Turnover Investment Turnover Investment Turnover Choose Numerator: Choose Denominator: Investment Center Electronics Sporting Goods Which department is most efficient at generating sales fromy average invested assets?Step by Step Solution
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