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Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an Investment center Average Investment Center Sales Income
Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an Investment center Average Investment Center Sales Income Tnvested Assets Electronics $42, 240,000 $3,168,000 $17,600,000 Sporting toods 2), 120,000 2,312,000 13,600,000 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 depodment 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? Investment Cente Electronics Sporting goods Sales Incone 342, 240,000 $3,168,000 2), 120,000 2,312,000 Boverage Torvested Assets $17,600,000 13,600,000 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 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 Center Electronics 1 Sporting Goods 1 Which department is most efficient at generating sales from average invested assets
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