A company's two divisions report the Information below. Electronics Sporting Goods Sales $ 81,000 $ 40,000 Income 5,670 Average assets 40,500 4,100 25,000 Enter answers in the tabs below. Required 1 Required 2 Required 3 Required 2 Calculate investment turnover for each division. Division Electronics Sporting Goods Investment turnover Numerator: Denominator: Investment turnover < Required 1 Required 3 > A company's two divisions report the information below. Sales Electronics $ 81,000 Sporting Goods $40,000 Income 5,670 4,100 Average assets 40,500 25,000 Enter answers in the tabs below. Required 1 Required 2 Required 3 Calculate profit margin for each division. Division Electronics Sporting Goods Profit margin Numerator: Denominator: Profit margin Required 2 >

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter25: Departmental Accounting
Section: Chapter Questions
Problem 9SPB
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A company's two divisions report the Information below.
Electronics
Sporting Goods
Sales
$ 81,000
$ 40,000
Income
5,670
Average assets
40,500
4,100
25,000
Enter answers in the tabs below.
Required 1 Required 2 Required 3
Required 2
Calculate investment turnover for each division.
Division
Electronics
Sporting Goods
Investment turnover
Numerator:
Denominator:
Investment turnover
< Required 1
Required 3 >
Transcribed Image Text:A company's two divisions report the Information below. Electronics Sporting Goods Sales $ 81,000 $ 40,000 Income 5,670 Average assets 40,500 4,100 25,000 Enter answers in the tabs below. Required 1 Required 2 Required 3 Required 2 Calculate investment turnover for each division. Division Electronics Sporting Goods Investment turnover Numerator: Denominator: Investment turnover < Required 1 Required 3 >
A company's two divisions report the information below.
Sales
Electronics
$ 81,000
Sporting Goods
$40,000
Income
5,670
4,100
Average assets
40,500
25,000
Enter answers in the tabs below.
Required 1
Required 2 Required 3
Calculate profit margin for each division.
Division
Electronics
Sporting Goods
Profit margin
Numerator:
Denominator:
Profit margin
Required 2 >
Transcribed Image Text:A company's two divisions report the information below. Sales Electronics $ 81,000 Sporting Goods $40,000 Income 5,670 4,100 Average assets 40,500 25,000 Enter answers in the tabs below. Required 1 Required 2 Required 3 Calculate profit margin for each division. Division Electronics Sporting Goods Profit margin Numerator: Denominator: Profit margin Required 2 >
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