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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

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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 on its two investment centers. Sales Investment Center Electronics Sporting goods Income Average Assets $ 42,960,000 18,904,000 $ 3,222,000 2,363,000 $ 17,900,000 13,900,000 Exercise 22-11 (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 department is most efficient at generating sales from average invested assets? Complete this question by entering your answers in the tabs below. Profit Margin Investment Turnover Compute profit margin for each center. Which center generates more income per dollar of sales? Numerator: Investment Center Electronics Sporting Goods Profit Margin Denominator: 1 1 1 Which center generates more income per dollar of sales? = Profit Margin < Profit Margin Investment Turnover > Compute investment turnover for each center. Which department is most efficient at generating sales from average invested assets? Investment Center Electronics Investment Turnover Numerator: Denominator: = Investment Turnover = Sporting Goods = Which department is most efficient at generating sales from average invested assets?

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