Profit Margin | |||||
Choose numerator | / | Choose denominator | = | Profit Margin | |
Investment center | Net Income | / | Sales | = | Profit Margin |
Electronics | 2988000 | / | 39840000 | = | 7.50% |
Sporting goods | 2142000 | / | 25200000 | = | 8.50% |
= | Sporting goods | ||||
Investment Turnover | |||||
Choose numerator | / | Choose denominator | = | Profit Margin | |
Investment center | Sales | / | Average Invested Assets | = | Profit Margin |
Electronics | 39840000 | / | 16600000 | = | 240% |
Sporting goods | 25200000 | / | 12600000 | = | 200% |
= | Electronics |
Required information [The following information applies to the questions displayed below.] Megamart, a retailer of consumer...
Required information [The following information applies to the questions displayed below.) 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 $ 42,960,000 $3,222,000 18,904,000 2,363,000 Average Invested Assets $17,900,000 13,900,000 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?...
Required information (The following information applies to the questions displayed below.] 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 $42,250,000 $3,211,000 19,350,000 2,322,000 Average Invested Assets $16,900,000 12,900,000 1. Compute return on investment for each department. Using return on investment, which department is most efficient at using assets to generate returns for the company? 2. Assume a target income level of...
Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Sales Income Average Invested Assets Electronics $ 40,000,000 $ 2,880,000 $ 16,000,000 Sporting goods 20,000,000 2,040,000 12,000,000 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? Compute profit margin for each department. Which department generates...
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 $40,500,000 $2,916,000 20,740,000 2,074,000 Average Invested Assets $16,200,000 12,200,000 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? Complete this question by entering your answers in the tabs below. Profit...
Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Sales Income Average Invested Assets Electronics $ 40,500,000 $ 2,916,000 $ 16,200,000 Sporting goods 20,740,000 2,074,000 12,200,000 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? Complete this question by entering your answers in the...
Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) 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 $39, 840,000 25,200,000 Income $2,988,000 2,142,000 Average Invested Assets $16,600,000 12,600,000 Exercise 22-11 Computing margin and turnover; department efficiency LO A2 Compute profit margin and investment turnover for each department. Which department generates the most...
Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) 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 $39, 840,000 25,200,000 Income $2,988,000 2,142,000 Average Invested Assets $16,600,000 12,600,000 Exercise 22-11 Computing margin and turnover; department efficiency LO A2 Compute profit margin and investment turnover for each department. Which department generates the most...
Required information The following information applies to the questions displayed below. 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 $34,800,000 20,100,000 Income $3,306, 10 2,412,000 Average Invested Assets $17, 400, BGD 13,400,000 1. Compute return on investment for each department. Using retum on investment, which department is most efficient at using assets to generate returns for the company 2. Assume a target...
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 $42,250,000 $3,211,000 19, 350,000 2,322,000 Average Invested Assets $16,900,000 12,900,000 Exercise 22-11 Computing margin and turnover; department efficiency LO A2 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? Complete...
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) 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 $35,000,000 $2,975,000 17,280,000 2,160,000 Average Invested Assets $17,500,000 13,500,000 Exercise 22-11 Computing margin and turnover; department efficiency LO A2 Compute profit margin and investment turnover for each department. Which department generates the most net...