Please assist me in figuring out the investment turnover and the profit margin. Thank you!
7 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Part 2 of 2 Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). 18 Average pints Investment Center Sales Income Invested Assets Electronics $56, 100, 000 $2, 805, 000 $16,500 , 000 Sporting goods 25, 000, 000 2, 000, 000 12,500, 000 eBook Exercise 24-11 Computing margin and turnover; department efficiency LO A2 Hint 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? Print Complete this question by entering your answers in the tabs below. Investment Profit Margin Turnover Compute profit margin for each department. Which department generates the most net income per dollar of sales? Profit Margin Choose Numerator: / Choose Denominator: = Profit Margin Investment = Center - Profit Margin Electronics Sporting Goods Which department generates the most net income per dollar of sales? SalesExercise 24-11 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. Investment Profit Margin Turnover 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: Investment Turnover Investment Center = Investment Turnover Electronics = Sporting Goods Which department is most efficient at generating sales from average invested assets?