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Megamart provides the following information on its two investment centers. Megamart provides the following information on its two investment centers. Investment Center Sales Income Average
Megamart provides the following information on its two investment centers.
Megamart provides the following information on its two investment centers.
Investment Center | Sales | Income | Average Assets |
---|---|---|---|
Electronics | $ 42,960,000 | $ 3,222,000 | $ 17,900,000 |
Sporting goods | 18,904,000 | 2,363,000 | 13,900,000 |
Profit Margin Investment Turnover Compute profit margin for each center. Which center generates more income per dollar of sales? Profit Margin Numerator: 1 Denominator: Investment Center 1 Profit Margin Electronics Sporting Goods Which center generates more income per dollar of sales? - 1 1 Profit Margin Investment Turnover Compute investment Turnover for each center. Which department is most efficient at generating sales from average invested assets? Investment Turnover Numerator: 1 Denominator: Investment Center 1 Electronics / Sporting Goods Which department is most efficient at generating sales from average invested assets? Investment Turnover =
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