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Megamart provides the following information on its two investment centers. Compute profit margin and investment turnover for each center. Which center generates more income per
Megamart provides the following information on its two investment centers. Compute profit margin and investment turnover for each center. Which center generates more income per dollar of sales? Which department is most efficient at generating sales from average invested assets? Profit Margin \begin{tabular}{|l|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Numerator: } & I & Denominator: & = & Profit Margin \\ \hline Investment Center & & / & & = \\ \hline Electronics & & 1 & & \\ \hline Sporting Goods & 1 & & \\ \hline Which center generates more income per dollar of sales? \end{tabular} Compute investment turnover for each center. Which department is most efficient at generating sales from average invested assets
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