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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

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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 departments (each considered an investment center). Investment Center Electronics Sporting goods Sales Income $43,000,000 $2,752,000 19,800,000 1,980,000 Average Invested Assets $17,200,000 13,200,000 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 Investment Turnover Compute investment turnover for each department. Which department is most efficient at generating sales from average invested assets? Investment Turnover = Investment Turnover Investment Turnover = Choose Numerator: 1 Choose Denominator: Investment Center Electronics Sporting Goods Which department is most efficient at generating sales from average invested assets? II 0 II 0

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