Megamart provides the following information on its two investment centers. Income $ 3,306,000 2,412,000 Average Assets $ 17,400,000 13,400,000 Investment Center Electronics Sporting goods Sales $ 34,800,000 20,100,000 Compute profit margin and investment turnover for each center. Which center generates more income per dollar of sales? Which enter has the better investment turnover? Complete this question by entering your answers in the tabs below. Investment Turnover Compute profit margin for each center. Which center generates more net income per dollar of sales? Profit Margin Profit Margin Numerator: Investment Center Electronics Sporting Goods Which center generates more income per dollar of sales? 1 1 < Profit Margin Denominator: 11 11 Profit Margin Investment Turnover >

Megamart provides the following information on its two investment centers. Income $ 3,306,000 2,412,000 Average Assets $ 17,400,000 13,400,000 Investment Center Electronics Sporting goods Sales $ 34,800,000 20,100,000 Compute profit margin and investment turnover for each center. Which center generates more income per dollar of sales? Which enter has the better investment turnover? Complete this question by entering your answers in the tabs below. Investment Turnover Compute profit margin for each center. Which center generates more net income per dollar of sales? Profit Margin Profit Margin Numerator: Investment Center Electronics Sporting Goods Which center generates more income per dollar of sales? 1 1 < Profit Margin Denominator: 11 11 Profit Margin Investment Turnover >

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 13MC: A responsibility center structure that considers investments made by the operating segments by using...

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Similar questions

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