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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
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 Electronics Sporting goods Sales $ 40,250,000 21,780,000 Income $ 3,059,000 2,178,000 Average Assets $ 16,100,000 12,100,000 Exercise 9-11 (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? Wh 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: Which center generates more income per dollar of sales? Profit Margin 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 $ 40,250,000 21,780,000 Income $ 3,059,000 2,178,000 Average Assets $ 16,100,000 12,100,000 Exercise 9-11 (Algo) Computing profit margin and investment turnover LO A2 Compute profit margin and investment turnover for each center. Which center generates more income per do 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 investment turnover for each center. Which department is most efficient at generating sales from average. assets? Investment Center Electronics Sporting Goods Investment Turnover Numerator: Denominator: Which donartmant is most efficient at nanaratinn sales from auerana inuected accate? Investment Turnover
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