Question
Question Content Area Bentz Co. has two divisions, A and B. Invested assets and condensed income statement data for each division for the year ended
Question Content Area Bentz Co. has two divisions, A and B. Invested assets and condensed income statement data for each division for the year ended December 31 are as follows: Division A Division B Revenues $190,000 $125,500 Operating expenses 112,500 92,750 Support department allocations 29,500 12,625 Invested assets 225,000 99,000 Question Content Area a. Prepare condensed income statements for the past year for each division. Bentz Co. Divisional Income Statements For the Year Ended December 31 Division A Division B $- Select - $- Select - - Select - - Select - $- Select - $- Select - - Select - - Select - Operating income $fill in the blank 6d81ff03d023fab_13 $fill in the blank 6d81ff03d023fab_14 Question Content Area b. Using the DuPont formula, determine the profit margin, investment turnover, and return on investment (ROI) for each division. Round the profit margin percentage to two decimal places, the investment turnover to four decimal places, and the return on investment to one decimal place. Division A Division B Profit margin fill in the blank eb0d24fccff806a_1 % fill in the blank eb0d24fccff806a_2 % Investment turnover fill in the blank eb0d24fccff806a_3 fill in the blank eb0d24fccff806a_4 Rate of return on investment fill in the blank eb0d24fccff806a_5 % fill in the blank eb0d24fccff806a_6 %
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