FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Please help me with show all calculation and do not give solution in image format thanku
Fill in the blanks in the schedule below for two separate investment centers A and B. Investment Center Sales Income Average assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Return on investment: Investment Center Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) A B Numerator: Numerator: A Numerator: $? $ 399,600 $ 1,480,000 10% ? - ?% B $ 11,200,000 Denominator: Denominator: $? $? Denominator: ?% 1.4 14% Profit Margin = Profit margin 10.00 % % Investment Turnover = Investment turnover 1.40 Return on investment = Return on investment % 14.00 %
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Transcribed Image Text:Fill in the blanks in the schedule below for two separate investment centers A and B. Investment Center Sales Income Average assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Return on investment: Investment Center Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) A B Numerator: Numerator: A Numerator: $? $ 399,600 $ 1,480,000 10% ? - ?% B $ 11,200,000 Denominator: Denominator: $? $? Denominator: ?% 1.4 14% Profit Margin = Profit margin 10.00 % % Investment Turnover = Investment turnover 1.40 Return on investment = Return on investment % 14.00 %
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Step 1: Define return on investment
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Step 2: Compute the each department's contribution
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Step 3: Formula sheet:-
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