Megamart, a retailer of consumer goods, provides the following information on two of its departments (each...
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Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Electronics Sporting goods Sales Income $40,250,000 $3,059,000 21,780,000 2,178,000 Compute profit margin and investment turnover for each department. Which department generates the most net income per dollar of sales? Which department is most efficient at generating sales from average invested assets? Profit Margin Complete this question by entering your answers in the tabs below. Investment Center Electronics Sporting Goods Which department Investment Turnover Compute profit margin for each department. Which department generates the most net income per dollar of sales? Profit Margin 1 Choose Denominator: = Choose Numerator: Average Invested Assets 1 $16,100,000 12,100,000 Average invested assets dollar of sales? Net income Sales irgin Profit Margin Profit Margin 0 0 Investment Turnover > Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Electronics Sporting goods Sales Income $40,250,000 $3,059,000 21,780,000 2,178,000 Compute profit margin and investment turnover for each department. Which department generates the most net income per dollar of sales? Which department is most efficient at generating sales from average invested assets? Profit Margin Complete this question by entering your answers in the tabs below. Investment Center Electronics Sporting Goods Which department Investment Turnover Compute profit margin for each department. Which department generates the most net income per dollar of sales? Profit Margin 1 Choose Denominator: = Choose Numerator: Average Invested Assets 1 $16,100,000 12,100,000 Average invested assets dollar of sales? Net income Sales irgin Profit Margin Profit Margin 0 0 Investment Turnover >
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Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date:
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