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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 Investment Center Electronicn Sales Income $40,000,000 $2,880, 0o00 20,000,000 $16,000,000 12,000,000 Sporting goods 2,040,000 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? Complete this question by entering your answers in the tabs below. Profit Marcin Investment 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? Profit Margin Investment Turnover > 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 Income $40,000,000 $2,880,000 2,040,000 Sales Invested Assets Investment Center Electronics $16,000,000 12,000,000 Sporting goods 20,000,000 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? Complete this question by entering your answers in the tabs below. Profit Marain Investment Turnover Compute investment turnover for each department. Which department is most efficient at generating sales from average invested assets? Investment Turnover Choose Denominator: Choose Numerator: Investment Turnover Investment Center Investment Turnover Electronics Sporting Goods Which department is most efficient at generating sales from average invested assets? KProfit Margin Investment Turnover
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