The Norsk Division of Gridiron Concepts Inc. has been experiencing revenue and profit growth during the years 20Y6-20Y8. The divisional income statements follow:

There are no service department charges, and the division operates as an investment center that must maintain a 15% return on invested assets.
Determine the profit margins, investment turnover, and return on investment for the Norse Division for 20Y6-20Y8. Based on your calculations, write a brief memo to the president of Gridiron Concepts Inc., Tom Yang, evaluating the division's performance.

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Gridiron Concepts Inc. Divisional Income Statements, Norsk Division For the Years Ended December 31, 20Y6-20Y8 20Y6 20Y7 $2,100,000 1,498,000 602,000 224,000 378,000 $1,500,000 20Y8 Sales Cost of goods sold Gross profit Operating expenses Income from operations Invested assets $2,450,000 1,680,000 770,000 231,000 539,000 $3,500,000 $1,470,000 1,064,000 406,000 185,500 $ 220,500 $ 735,000