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Question 5 of 7 - / 14 III View Policies Current Attempt in Progress Cullumber Decor sells home decor items through three distribution channels-retail stores,
Question 5 of 7 - / 14 III View Policies Current Attempt in Progress Cullumber Decor sells home decor items through three distribution channels-retail stores, the Internet, and catalog sales. Each distribution channel is evaluated as an investment center. Selected results from the latest year are as follows: Retail Stores Internet Catalog Sales Sales revenue $10,784,800 $3,630,000 $5,109,000 Variable expenses 3,965,000 1,360,000 1,880,000 Direct fixed expenses 4,986,384 957,755 2,907,133 Average assets 7,930,000 3,630,000 1,965,000 Required rate of return 12% 12% 12% (a 1) Calculate the margin and asset turnover for each of the three distribution channels. (Round answers to 2 decimal places, eg. 5.12% or 5.12.) Retail Stores Internet Catalog Sales % % % Margin Asset turnover e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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