Question: Are the results correct? Data for Divisions A, B, C, D, and E are as follows: a. Determine the missing items. Round rate of return
Data for Divisions A, B, C, D, and E are as follows: a. Determine the missing items. Round rate of return on investment, profit margin, and investment turnover answers to one decimal place when required. Div. Sales Income from Operations Inv. Assets Rate of Return on Inv. Profit Margin Invest. Turnover A $ 320,000 $35,000 $200,000 17.50 % 10,94 96 1.6 $455,000 $ 45,500 $284,375 16% 10 % 1.6 16.80 % 14% 32.50% 13.0% $525,000 $73,500 $437,500 $800,000 $104,000 $320,000 E $500,000 $ 80,000 $250,000 b. Which division is most profitable in terms of income from operations? 32 % 16.0% C. Which division is most profitable in terms of rate of return on investment
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