Required information

Use the following information for the Exercises below.

[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	Sales			Income			Average Invested Assets
Electronics	$	42,240,000		$	3,168,000		$	17,600,000
Sporting goods		23,120,000			2,312,000			13,600,000

Exercise 22-11 Computing margin and turnover; department efficiency LO A2

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 MargnInvestment 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 Profit Margin Investment Center Electronics Sporting Goods Which department generates the most net income per dollar of sales? Complete this question by entering your answers in the tabs below. Profit MarginInvestment 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