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[The following information applies to the questions displayed below.] Megamart provides the following information on its two investment centers. Investment Center Sales Electronics Sporting
[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 $ 42,250,000 19,350,000 Income $ 3,211,000 2,322,000 Average Assets $ 16,900,000 12,900,000 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 Which center generates more income per dollar of sales? = Profit Margin = =
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