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Required information The following information applies to the questions displayed below Megamart, a retailer of consumer goods, provides the following information on two of its
Required information The following information applies to the questions displayed below Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center) Average Invested Assets Sales Investment Center Electronics Sporting goods Income $44,250,000 $3,363,000 $17,700,000 24,660, 000 2,466,00013,700,000 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? Profit Margin nvestment Turnover Compute profit margin for each department. Which department generates the most net income per dollar of sales? Profit Margin Profit Margin Choose Numerator: Choose Denominator: Investment Center Electronics Profit Margin Sporting Goods Which department generates the most net income per dollar of sales? 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: Choose Denominator: Investment Turnover Investment Center Electronics Investment Turnover Sporting Goods Which department is most efficient at generating sales from average invested assets
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