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Required information [The following information applies to the questions displayed below.] Megamart provides the following information on its two investment centers. Investment Center Sales
Required information [The following information applies to the questions displayed below.] Megamart provides the following information on its two investment centers. Investment Center Sales Electronics Sporting goods $ 34,200,000 16,768,000 Income $ 2,907,000 2,096,000 Average Assets $ 17,100,000 13,100,000 Compute profit margin and investment turnover for each center. Which center generates more income per dollar of sales? Which center has the better investment turnover? Complete this question by entering your answers in the tabs below. Investment Profit Margin Turnover Compute profit margin for each center. Which center generates more net income per dollar of sales? Numerator: Investment Center Electronics Sporting Goods Profit Margin / Denominator: Which center generates more income per dollar of sales? Profit Margin Profit Margin Investment Turnover >
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