Megamart provides the following information on its two investment centers. Investment Center Electronics Sporting goods Sales...

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Megamart provides the following information on its two investment centers. Investment Center Electronics Sporting goods Sales $ 35,000,000 17,280,000 Income $ 2,975,000 2,160,000 Average Assets $ 17,500,000 13,500,000 Exercise 24-11 (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 center has the better investment turnover? 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 net 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 < Profit Margin Investment Turnover > Megamart provides the following information on its two investment centers. Investment Center Electronics Sporting goods Sales $ 35,000,000 17,280,000 Income $ 2,975,000 2,160,000 Average Assets $ 17,500,000 13,500,000 Exercise 24-11 (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 center has the better investment turnover? 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 net 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 < Profit Margin Investment Turnover >

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