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Please show work. Bentz Co. has two divisions, A and B. Invested assets and condensed income statement data for each division for the past year
Please show work.
Bentz Co. has two divisions, A and B. Invested assets and condensed income statement data for each division for the past year ended December 31 are as follows:
| Division A | Division B |
Revenues | $190,000 | $125,500 |
Operating expenses | 112,500 | 92,750 |
Service department charges | 29,500 | 12,625 |
Invested assets | 225,000 | 99,000 |
Using the expanded expression, determine the profit margin, investment turnover, and rate of return on investment for each division. |
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