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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Megamart provides the following information

Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Megamart provides the following information on its two investment centers. Investment Center Sales Income Average Assets $ $ $ Electronics 32,600,000 2,771,000 16,300,000 Sporting goods 15,744,000 1,968,000 12,300,000 Exercise 24-11 (Algo) Computing profit margin and investment turnover LO A2 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. Profit Margin Investm... Turnover Compute profit margin for each center. Which center generates more net income per dollar of sales? Profit Margin Numerator: Denominator: Investment Center Electronics Sporting Goods Which center generates more income per dollar of sales? Profit Margin =Profit Margin = = Investment Turnover > Complete this question by entering your answers in the tabs below. Profit Investm.. Margin Turnover Compute investment turnover for each center. Which center has the better investment turnover? Investment Turnover Numerator: /Denominator: Investment Center Electronics Sporting Goods Which center has the better investment turnover? < Profit Margin II II Investment Turnover Investment Turnover >

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